China opposes US memorandum curbing Chinese investment

(24 Feb 2025)
RESTRICTIONS SUMMARY:

ASSOCIATED PRESS
Beijing, China – 24 February 2025
1. Wide of news conference
2. Wide of reporters
3. SOUNDBITE (Mandarin) Lin Jian, Chinese Foreign Ministry spokesperson:
“The U.S. memorandum, under the pretext of national security, labels China as a foreign adversary and takes various discriminatory measures to strengthen restrictions on two-way investments with China. China strongly deplores and firmly opposes this, and has lodged a stern protest with the U.S.
The tightening of security reviews on Chinese investments in the U.S. severely undermines the confidence of Chinese enterprises in investing in the U.S. and damages their own business environment.”
4. Mid of reporters
5. SOUNDBITE (Mandarin) Lin Jian, Chinese Foreign Ministry spokesperson:
“China is ready to work with the new German federal government to consolidate and develop the China-Germany comprehensive strategic partnership. Given the global influence of Germany and the European Union, China is pleased to see Germany and the EU playing an important role in global affairs, supports European integration and the strategic autonomy of the EU, and is ready to work together with Germany and the EU to continue contributing to world peace and prosperity.”
6. Mid of reporters
7. SOUNDBITE (Mandarin) Lin Jian, Chinese Foreign Ministry spokesperson:
“Since the escalation of the crisis, China has maintained communication with all relevant parties, committed to building consensus to stop the war and paving the way for peace talks. China will always firmly stand on the side of peace, uphold an objective and fair stance, and continue to work with the international community to play a constructive role in promoting a political resolution to the crisis.”
8. Wide of reporters
9. SOUNDBITE (Mandarin) Lin Jian, Chinese Foreign Ministry spokesperson:
“I’m not aware of the specific situation you mentioned. As a principle, I must point out that China consistently requires its distant-water fishing activities to comply with local laws and regulations as well as relevant international laws. Regarding the cooperation between China and North Korea that you mentioned, I must point out that all cooperation between China and North Korea is conducted within the framework of international law.”
10. Wide of reporters
11. SOUNDBITE (Mandarin) Lin Jian, Chinese Foreign Ministry spokesperson:
“During the recent visit by Cook Islands Prime Minister Mark Brown to China, the Ministry of Natural Resources of China and the Seabed Minerals Authority of the Cook Islands signed a Memorandum of Understanding (MOU) on blue partnership in the field of undersea mining. I would refer you to the competent authorities for the specific question. China is ready to develop friendly relations and cooperation with the Cook Islands and other Pacific island countries on the basis of mutual respect and equal treatment to promote common development and the building of a community with a shared future for mankind.”
12. Wide of news conference
STORYLINE:
China on Monday expressed opposition to a memorandum signed by U.S. President Donald Trump that further curbs Chinese investments in strategic sectors.

In a press release, the White House said the paper signed Friday, titled “America First Investment Policy,” aims to promote foreign investment while protecting the U.S. national security interests, particularly from threats posed by “foreign adversaries” like China.

But he added that China’s distant fishing operation and cooperation with North Korea were conducted in compliance with international law.

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