China's Ministry of Commerce Considers Countermeasures in Response to US Investment Curbs on Tech and AI Sectors

Monday, 24 June 2024, 11:30
China reacts to the US imposing limitations on investments in Chinese technology by hinting at possible retaliatory actions. The Ministry of Commerce in China asserts its prerogative to implement countermeasures in response to the US policy changes. This development suggests escalating tensions in the tech and AI investment landscape between the two economic powers, raising concerns about the potential impact on international trade relations and market dynamics.
South China Morning Post
China's Ministry of Commerce Considers Countermeasures in Response to US Investment Curbs on Tech and AI Sectors

China's Potential Response to US Tech Investment Restrictions

Following the announcement of restrictions on US investments into Chinese tech, the latter country's Ministry of Commerce declared it reserves the right to take countermeasures.

Key Points:

  • US Policy Change: Imposing restrictions on investments in Chinese tech and AI sectors.
  • Chinese Reaction: Hinting at potential countermeasures in response.
  • Ministry of Commerce Stance: Asserting sovereignty to retaliate.
  • Implications: Escalating tensions and uncertainties in international trade dynamics.
Do you want to advertise here? Contact us

Related posts

Do you want to advertise here? Contact us
Do you want to advertise here? Contact us
Newsletter

We carefully select news from the world of finance and publish it for our users. We understand the importance of reliable and up-to-date information for people in the financial world. Do you want to receive news in a convenient format and always have it at hand — subscribe to our newsletter and make your analytical work more effective.

Subscribe