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Economy

MOC: China to assess new U.S. foreign investment measures

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2018-08-14 10:05:30CGTN Editor : Gu Liping ECNS App Download

China's commerce ministry has said it will conduct a comprehensive assessment of a new U.S. Defense Bill that, among other things, strengthens Washington's power to review business deals involving foreign firms. 

The ministry also said it will closely track the bill's impact on Chinese firms.  

In a statement on its website, the ministry said that the U.S. should treat Chinese investors with objectivity and fairness and prevent the bill from becoming an obstacle to cooperation between Chinese and U.S. companies.

The provision was included in the 717 billion U.S. dollar defense bill which was signed by President Donald Trump on Monday.

  

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