China has spoken out against the Trump administration’s recent sanctions on Chinese military-linked companies, dismissing the notion that their recent removal from major global indices might have an impact on foreign investors’ appetite for investment in the onshore market.
Wang Wenbin, a Beijing-based spokesman for China’s Ministry of Foreign Affairs, told journalists on Monday that recent decisions by index companies to exclude securities of these sanctioned companies would not keep global investment away.
China urges the US government to “stop politicising economic and trade issues” and to “cease to resort to excessive national power to suppress foreign companies”, Mr Wang said at the regular press briefing.
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