Beijing says it reserves the right to take countermeasures to protect its interests
China says US measures against investments break WTO rules
United States measures against China’s investments are against World Trade Organisation rules, and China reserves the right to take countermeasures, the Chinese commerce ministry said on Thursday.
China is not willing to see an escalation in Sino-US trade frictions, and believes the two countries have huge potential for co-operation, Ministry of Commerce spokesman Gao Feng said at a regular news briefing.
After trade tensions between the two countries appeared to cool following talks in Washington earlier in May, the US on Tuesday said it still holds a threat of imposing tariffs and will press ahead with restrictions on investment by Chinese companies in the US.