Arab Today, arab today china urges \transparency\ in us investment checks
Last Updated : GMT 22:28:13
Arab Today, arab today
Arab Today, arab today

China urges \'transparency\' in US investment checks

Arab Today, arab today

Arab Today, arab today China urges \'transparency\' in US investment checks

Beijing - XINHUA

The United States should be more transparent on security checks on foreign investments, China said on Friday, accusing \"some legislators\" in developed countries of maintaining a \"Cold War mentality\". The issue is a bone of contention between Washington and Beijing, which has the world\'s largest foreign exchange reserves and is looking to diversify its assets. Only one out of every three dollars Chinese companies propose to invest in the US was approved by Washington, Commerce Minister Chen Deming told reporters on the sidelines of China\'s National People\'s Congress parliamentary meeting. \"Some legislators in some developed countries still view the overseas investments of Chinese companies, particularly state-owned Chinese firms, with a Cold War mentality and ideology,\" he said. The United States should be more transparent in its national security checks, he added. \"We keenly hope the security examinations will be more open and transparent, and more predictable for companies,\" he said. In one high-profile case, Chinese engineering giant Sany has sued President Barack Obama and the inter-agency foreign investment watchdog CFIUS for barring a multi-million-dollar wind farm project in Oregon on national security concerns. In October last year a congressional committee said Chinese telecom firms Huawei and ZTE should be excluded from government contracts because their equipment could be used to spy. The following month a US commission asked lawmakers to consider tighter rules on investment by Chinese state-owned firms, warning they could pose economic as well as security risks. But the US approved the takeover last year of Canadian oil producer Nexen by state-owned energy giant CNOOC, a $15.1-billion deal marking China\'s largest-ever foreign investment. \"It shows the United States is assessing the situation and adjusting their policies,\" Chen said, although he added that the approval had some \"unfair and slightly discriminatory\" terms.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china urges \transparency\ in us investment checks Arab Today, arab today china urges \transparency\ in us investment checks

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china urges \transparency\ in us investment checks Arab Today, arab today china urges \transparency\ in us investment checks

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today What's the reason and what you can do

GMT 05:44 2017 Sunday ,22 October

What's the reason and what you can do
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Syrian children die of hunger

GMT 19:25 2017 Sunday ,22 October

Syrian children die of hunger
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Actress Mona Zaki praises husband’s role

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 10:18 2017 Saturday ,21 October

How to do open-heart surgery

GMT 13:44 2017 Friday ,20 October

Barcelona through George Orwell’s eyes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday