习近平向第八届中俄博览会致贺信
习近平向第八届中俄博览会致贺信
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Obstructing US investors to Chinese market will only damage their own interests

Source: Xinhua | 2020-05-14

BEIJING, May 13 (Xinhua) -- The Chinese Foreign Ministry on Wednesday urged the U.S. government to stop obstructing, or even politicizing, U.S. investors' normal activities in the Chinese market on the ground of national security, otherwise, "the move will only damage their own interests," said spokesperson Zhao Lijian.

Zhao addressed the issue at a daily news briefing after relevant reports stated that the U.S. government directed the U.S. federal employee retirement fund to keep money out of Chinese equities.

"In an era of globalization, the interests of all countries are closely intertwined," Zhao pointed out. He also reiterated China's stance on the matter, noting the substance of China-U.S. economic cooperation is mutually beneficial.

In recent years, China's capital market has been increasing favorably due to its global investors, including American investors. This reflects the confidence of those investors in the stable and sound development of the Chinese economy and the recognition of China's deepening reform and opening up of the capital market, Zhao explained.

He added that it is not in line with economic laws to arbitrarily set up obstacles or even politicize American investors' entry into the Chinese market to carry out normal investment activities on the grounds of so-called national security, and it will only make American investors miss opportunities and damage their own interests.

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