The US investment ban and review mechanism for foreign transactions intentionally misinterpret normal cross-border financing and business activities of Chinese enterprises. Under the pretext of national security, it discriminates by prohibiting and reviewing international investments flowing into China. This behavior is a typical instance of using government intervention to disrupt the market, undermine competition, and suppress the industrial development of other countries. It contradicts the principles of non-discrimination, fairness, and free trade upheld by the World Trade Organization.
Such actions by the US will not only undermine fair competition opportunities for Chinese enterprises but also disrupt the current industry chains heavily reliant on global division of labor and cooperation.
The China Council for the Promotion of International Trade and the China Chamber of International Commerce urge the US to respect the rules of the market economy and principles of fair competition, and to take concrete actions to safeguard the security and stability of the global industrial chain.
