BEIJING (AP) – China warned the U.S. against trying to limit investment ties between the two countries, even as the Trump administration contradicted a report that Washington might be considering removing Chinese companies from American stock exchanges.
The foreign ministry appealed to Washington to “meet us halfway” and resolve disputes amid a tariff war that threatens to depress global economic growth.
China’s warning comes two days after a U.S. official tweeted a Treasury Department statement saying the administration “is not contemplating blocking Chinese companies from listing shares on the U.S. stock exchanges at this time.”
Stock markets slid after Bloomberg News reported last week that U.S. officials were considering restricting investment ties with China. It said other options including banning investments in Chinese companies by government pension funds.
“To exert extreme pressure and even attempt to force the decoupling of China-U.S. relations will definitely damage the interests of U.S. and Chinese enterprises and people, cause financial market turmoil and endanger international trade and the world economic growth,” said a foreign ministry spokesman, Geng Shuang.