China says proposed U.S. ban on Chinese buying U.S. property violates market rules

  • 📰 Reuters
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

The United States is violating the principles of market economy and international trade rules in considering a ban on Chinese citizens buying property in the United States, the Chinese foreign ministry said

"Generalizing the concept of national security and politicising economic, trade and investment issues violate the rules of market economy and international trade rules," spokesperson Mao Ning said at a regular press briefing.

Mao was responding to a question when asked about Texas and Florida considering a ban on Chinese citizens in the United States from buying property. Texas, Florida, Arkansas and several other states are weighing legislation that would bar Chinese citizens from buying real estate, according to several reports, as tensions rise between the United States and China over national security issues.

"I want to stress that China-U.S. economic and trade cooperation is mutually beneficial in nature. Over the years, Chinese enterprises have invested in the United States and made important contributions to promoting domestic employment and economic development in the United States," said Mao.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Do they let us buy their land?

They always violate rôles.

说好的民主自由呢? 咋搞歧视呢? 傻逼美国!

Well, that is rich. China concerned with rules. They follow no rules. 🙄

Near our bases is against the law but feel free to buy in the inner cites,

“Reversing the United States’ economic dependence on China will be difficult and incur near-term costs.These short-term costs, however, will only be compounded and substantially greater if policy action is deferred until after a military crisis commences.”

China is still monopolizing. U.S. becomes a federation of China. bipartisan CCPChina

Ban the Chinese from buying US farms, companies, etc...we cannot continue to be the suckers of the world!!

Done with CHINA. The Republic of the UNITED STATES OF AMERICA OWNS ALL OF OUR OWN COUNTRY & OWES NOBODY EXCEPT IT’S OWN LEGAL CITIZENS. OUR COUNTRY FIRST WORLDWIDE... Every COUNTRY MUST PUT THEMSELVES FIRST, NOT CHINA, NOT the FAKE ROYAL FAMILY. 🦊🐶💋

🐶

When did the US care about market rules?

please tell us more about rules

Hah says China where you cannot buy land or even a property!!

Well, the Chinese government, not it’s people, but the government can eat a bag of ________.

Dr_Normancross1 Ban placed so you all don't get the idea you are taking over. It's a good law. Would china let us buy up their land? I don't thank so!

Where does China believe it can criticize anyone ? Lol

Think America has no idea what a tidal wave this would cause especially on West Coast properties…better sell now!

If so, then let’s change the rules!

The ones complaining the loudest are the super-corrupt communist party elites who can easily get their money out of China... & there's a lot of 'em, so this really helps to inflate real estate prices in the US & Canada.

We’ll just lease it to them for a few years then claim it back after they develop it and create a major economic resource. HongKong

Meanwhile Americans are restricted buying chinese property.

Would someone call in china's loans already and take them down into bankruptcy? Those railroad bonds are worth trillions.

What about the free market?

Markey rules… says the communist country 🤪

Boohoo! 🤣

Can US citizen buy properties in China?, Can US Companies like Facebook, google, etc operate in China?

The irony...

F$&k china

FORCED SLAVE LABOR MAKING IPHONES VIOLATE THE RULES ALSO... China cares about RULES like a CANNIBAL cares about calories!

I wounder, how many Americans can and want to buy something in China

National Security Laws win over everything else. They 'TRUMP and BInDEN' (witty me) over any other concepts, rules or laws.

Try buying some land in the fucking state of Kommunistan

Our country, our rules.

OK, we'd like to buy massive amounts of Land in China. That's OK right? Hypocrites BoycottCCP

The USA becomes hysterical and stupid in the name of a national security that hides a visceral fear of losing its hegemony. How to own property could threaten a country’s national security. The USA is moving towards a tyrannical regime worse than the dictatorships they decry.

Naw China come back to me

No communist country or entity should never own anything in the US. Washington screwed up by allowing and or enticing companies to go overseas. The new world order is the worst idea that ever came out of Washington. Who do we blame, the Democrats.

This is just the start.

Awwww… too bad, we made some new rules.

Admit we are in the middle of World War III already and act accordingly for Christ’s sake

Screw them!🖕

Foreigners are not allowed to buy property in China either! They cannot start a business in China without a Chinese partner. This is absolute hypocrisy

Just wondering if American can buy China property?

Are American citizens allowed to buy land in China?

That sounds similar to the tone we get from the Democrat Party. FBI CIA SecretService NSAGov are ignoring the democrats are obviously being blackmailed & need to be on trial for treason right alongside the pervert politicians who put themselves on someones blackmail list.

China complaining about potential free market manipulation is hilarious

Never trade with China dictatorship Never trust China dictatorship CCPChina

Let us do the same as they do to us!

They already bought half of Brazil… be warned

Agreed 1000%, they protect their country.

Piss off Xi

They have no rights in our country anymore,they're liars .

Americans cannot own land or anything in China so why let them own here.

nope

China, you find house for better life in Russia and Belarus

🤣

That's nothing, they have as a general rule to break rules

Go one better, and compulsory purchase the ones theyve already got

Hunter Biden must be getting into real estate. Need the money to support the Biden crime family.

Tough 👏

I'm pretty sure their crimes against humanity Trump any lame ass deal we had about allowing them property rights.

Good!! Chinese are no friends to America.

They bought up NY in ‘70’s

China is dictating rules to US Why not, you buy in America, we buy in China. See how that sets with them?

Lol. Oh, well. Get bent.

The ccp is a violation of anything good. They need a good swift kick off their high horse..

When China allows the US to buy property in China, the US will reciprocate and allow China to buy property in the US!

Communist China telling US what to do? It’s long past time US pulls all manufacturing out of Commie China. But then all the Dollar Generals, Walmart shelves will be empty.

Country that ignores all international norms complains another country is also ignoring international norms

So is devaluing your own currency but China does that every few years

Of course, everything is in violation to China when it is not in their favor.

Look who is complaining about International violations!!

So Screw them

Does China play by the RULES ChineseEmbinUK

In many countries, you have to live there X amount of time before purchasing a home. This rule could apply here as well.

What they should've done was bombed that Wuhan lab and abolished all trade and financial ties with China for unleashing a biological weapon on the world

well neither can the world buy any Chinese or in fact any UAE properties! they just lease them for 50 years or so, no sh*t

Only citizens should be allowed to own land.

2008 mortgage crisis. If Chinese didn’t buy those houses then, we would not have recovered. They bought cash 💰. Where do you think you are going to find that kind of cash money from U.S investors ? Hayde answer

Nope, I agree with the ban. That would be like China buying the US country like we bought Alaska. US citizens only unless they are actively seeking citizenship.

Who cares what the Chinese foreign ministry says.

Getting a lecture from Communist China about free-market capitalism was not on my Friday bingo card.

Lol

Good. We Americans refuse to allow them to overtake us, the way they did all over Africa.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines