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China says the United States (US) should stop imposing such unreasonable sanctions against their companies.
China also criticized US sanctions on Chinese businesses. The Chinese Ministry of Commerce has called on the United States to end such unwarranted repression.
According to the international news agency Reuters, Washington has recently decided to ban US investment in businesses that have ties to the Chinese military.
The Chinese Ministry of Commerce said in response to the US decision.
China’s Ministry of Commerce has strongly opposed the US government’s decision. The foreign ministry of one of the world’s most powerful countries has reacted similarly.
Tensions between the world’s two largest economies have intensified in the past year. Trade relations and technological supply chains between the two countries have taken a big hit.
The threat of an economic war between the two countries was intensifying.
China has set new targets due to global pressure as well as US pressure.
This policy will reduce the country’s dependence on foreign markets and technology and give more importance to its own economic development.
This policy is called a dual circulation policy in the development of China’s economy.