Liu Pengyu, spokesman for China’s embassy to the United States, said Beijing was disappointed with Washington’s decision to limit American investment in China’s technology sector and was intent on protecting its rights and interests. TASS.
The diplomat noted that although China has repeatedly expressed deep concern, US authorities have agreed to impose new investment restrictions. Liu Pengyu stressed that Beijing is deeply disappointed by this decision.
The diplomat urged Washington to keep the earlier promises of US President Joe Biden not to try to contain China economically. He pointed out that such a move by the US would hinder normal commercial cooperation between countries and harm the interests of the business community.
Liu Pengyu said that the PRC will closely monitor the situation and strictly protect its rights and interests.
Previously reportedUS President Joe Biden signed a decree limiting American investment in China’s technology industry, including the development of semiconductors and microelectronics, quantum technologies and artificial intelligence in China.
Formerly in US intelligence frightened embedded Chinese software.
Source: Gazeta
Emma Matthew is a political analyst for “Social Bites”. With a keen understanding of the inner workings of government and a passion for politics, she provides insightful and informative coverage of the latest political developments.