China says US investment policy ‘severely disrupts’ global supply chains

BEIJING, China -Beijing on Thursday said a new US policy to restrict investment in Chinese technology "severely disrupts the security of global industrial and supply chains". An unnamed Ministry of Commerce spokesperson said President Joe Biden's executive order "seriously deviates from the market economy and fair competition principles the US has always promoted, and affects companies' normal operation decisions, damages the international trade order, and severely disrupts the security of global industrial and supply chains". "China expresses serious concern about this and reserves the right to take measures," the spokesperson said in a statement published by the ministry, without...Keep on reading: China says US investment policy ‘severely disrupts’ global supply chains

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