The restrictions cover areas such as semiconductors, artificial intelligence and quantum computing, with the vast majority of related industries not impacting national security concerns, however will still be subjected to the U.S. bans, the spokesperson said.
Many U.S. business associations and companies have warned that the investment restrictions will cause U.S. firms to cede the Chinese market to other international competitors, seriously harming U.S. interests, the spokesperson said.
China hopes the U.S. will respect the laws of the market economy, and stop politicizing and weaponizing economic and trade issues, in order to create a favourable environment for China-U.S. economic and trade cooperation, the spokesperson added.
SANGHA KOMMUNE (SSR) 