10 August 2023, 03:18
Liu Pengyu, a spokesman for the Chinese embassy in Washington, said that Beijing is disappointed with the US administration’s decision to limit US investment in China’s technology sector.
This is reported by TASS.
“China is very disappointed by this,” the diplomat said.
At the same time, he stressed that Beijing intends to protect its rights and interests.
Also, according to the representative of the embassy, these restrictions will make it difficult for normal business cooperation between the two countries and reduce the confidence of the international community in the business environment in the United States.
Earlier, US President Joe Biden signed a decree to limit US investment in China’s technology industry.
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