China Will Retaliate If the US Puts New Limits on Investment, Envoy Says
- Nation won’t sit idly by in the face of provocation, Xie says
- Ambassador, who arrived to Washington in May, speaks at forum
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China’s government will retaliate if the Biden administration imposes new limits on technology and capital that can flow to the nation, Beijing’s envoy in Washington said.
Xie Feng, the nation’s new ambassador to the US, said that while China doesn’t want a trade or technology war, its leaders won’t sit on their hands in the face of US actions such as a planned screening mechanism for investment in key Chinese industries. He didn’t detail what actions China would take.