China urges the U.S. to treat the business actions of enterprises objectively and create a good, fair, and predictable investment environment for Chinese enterprises to invest in the U.S., Chinese Foreign Ministry spokesman Geng Shuang said at a regular press briefing on Monday.
The remarks came after reports that the U.S. is planning to use an emergency law to restrict companies with at least 25 percent Chinese ownership from buying U.S. companies that contain what the White House terms "industrially significant technology."
The Chinese government encourages Chinese enterprises to follow the market rules and the international rules, and to carry out external investment and cooperation by obeying local laws, Geng said, adding that the nature of the economic and trade invest cooperation between China and the U.S. is the win-win cooperation.
Geng also said that the investment from Chinese enterprises has created a large number of jobs and tax revenues, and has brought funds and market channels for the U.S. to expand external businesses.
