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December 19, 2012

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China hits out at 'national security' blocks

CHINA opposes any country blocking Chinese investors on the pretext of national security, the Ministry of Commerce said yesterday.

At a press conference as the 23rd China-US Joint Commission on Commerce and Trade opens in Washington, ministry spokesman Shen Danyang said China had investments in 130 countries and regions worldwide. Nevertheless, a number of Chinese companies had encountered "national security checks" in the United States, blocking their investment.

Last year, Chinese investment in the US reached US$1.81 billion, up 38.5 percent year on year.





 

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