Looking to shine a light on investment overseas
- Growing protectionist tendencies among some countries have affected Chinese firms; normal investments overseass
- Blind optimism of Chinese firms investing overseas have led to misunderstandings by some countries
- Chinese firms overseas investment activities still need to be regulated
- Supports firms efforts to safeguard their overseas investments
You wonder if China is reacting to Trumps new probes on China aluminium imports
Earlier this year, the U.S. began looking into limits on aluminum and steel imports using national security as the reason.
Then in August, the Commerce Department announced the U.S. would seek to impose duties on imports of aluminum foil from China on the grounds subsidies unfairly disadvantaged American producers.
China responded by saying "China is strongly dissatisfied about the probe which shows the U.S.'s protectionist inclination," and further commented that "it will hurt the interests of both sides by deliberately obstructing the normal order of the bilateral aluminum trade,"
A China representative said they will take necessary measures to defend the legal rights of Chinese companies.