China blasts potential US investment curbs as 'economic coercion'

📆 22/04/2023 04:16:00
📰 STForeignDesk

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'This is naked economic coercion and technological bullying,' said Chinese foreign ministry spokesman. Read more at straitstimes.com.

BEIJING - Beijing accused the United States on Friday of “naked economic coercion and technological bullying”, in response to Washington’s potential new restrictions on US firms’ ability to invest in Chinese entities.

Beijing’s ambitions in the tech sector have already been hit by existing measures imposed by Washington and its allies, with Chinese authorities doubling down on the need to move away from imports for key sectors such as semiconductors.

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