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Investing protectionism indicates discrimination: MOC


08:37, December 19, 2012

BEIJING, Dec. 18 (Xinhua) -- China opposes any country blocking Chinese investors on the pretext of national security, as it is indicative of discrimination, a spokesman for the Ministry of Commerce (MOC) said Tuesday.

Speaking at a press conference as the 23rd China-U.S. Joint Commission on Commerce and Trade (JCCT) opens in Washington, Shen Danyang pointed out that China has investments in 130 countries and regions worldwide.

Nevertheless, a number of Chinese companies have encountered "national security checks" in the United States, which have blocked their investment activities.

Mergers and acquisitions involving Chinese companies, which are mainly equity trades in the open market, are normal business activities, according to Shen.

"We hope the U.S. authorities can treat Chinese investors in an objective way, keep political elements away from business cooperation, and ensure the security checks are open, fair and transparent," he said.

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