China Defends National Security Rules for Foreign Investment
- Regulations aren’t protectionist measure, the NDRC says
- Rules similar to those of other nations: government adviser
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China’s new rules controlling foreign investment into areas related to national security aren’t protectionist and will provide clarity for companies looking to do business in China, according to the government.
The implementation of the review process “is not protectionist,” the National Development and Reform Commission said on its website Saturday in a Q&A explaining the new rules, and reviews will be “targeted,”it said. “Only by tightening controls to prevent and control security risks can we lay the foundations for a new round of opening up.”