China News Service, September 22. On the 22nd, the Ministry of Commerce held a regular press conference. A reporter asked: US President Biden signed an executive order on the 15th, requiring the Committee on Foreign Investment in the United States (CFIUS) to strengthen the review of specific national security risks. What is the view of the Ministry of Commerce on field transactions?
Will it affect Chinese companies?
In response to a reporter's question, Ministry of Commerce spokesperson Shu Jueting said that in recent years, the United States has generalized the concept of national security, continuously expanded the scope of review of foreign investment, tightened review conditions, and set up cumbersome review procedures.
This is not conducive to normal investment and trade exchanges, and is not conducive to promoting growth and increasing employment. It not only damages other countries, but also affects itself.
The United States should correct its abuse of security review and provide a fair, stable and predictable business environment for corporate investment.
(Zhongxin Finance)