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Beijing warns US in response to possible investment restrictions



Chinese and American flag on stand during the first Chinese International Export Fair in Shanghai, taken on November 6, 2018

Johannes Eisele | AFP | Getty Images

Beijing called Washington's potential restrictions on US investment in China "the latest attempt at separation," in a Global Times publication Sunday.

Chinese state-owned media said that even news of measures such as write-offs of Chinese companies on US stock exchanges "are expected to have significant consequences for the Chinese and US economies, as well as their companies in the future."

White House discusses some restrictions on US investment in China, a well-known source on the US stock exchanges at the moment. We welcome investment in the United States. "

However, Chinese propaganda groups have criticized the move of US politicians, saying they" seem to believe if the separation from China

Meanwhile, China's leading trade negotiator will lead the country's delegation in the next round of discussions one week after China's national holiday, Commerce Ministry Deputy Prime Minister Wang Shuwen said on Sunday.

"We look forward to the 1

3th round of negotiations," Wang told Mandarin, according to a CNBC translation. "We hope that the two parties, on the basis of equality and mutual respect, work together to care for each other and to calmly use negotiation to resolve differences and find a resolution that is beneficial to both parties." [19659002] The US and China have been imprisoned in a protracted trade war for more than a year, with each country canceling billions of dollars worth of goods.

The Chinese tech giants listed in the US responded immediately. Alibaba shares slid more than 5% in the reports, while Baidu and JD.com also fell 3.6% and 6% respectively on Friday after the news.

– CNBC's Evelyn Cheng contributed to this report. [19659013]
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