China claims the US is suppressing Chinese firms
On Friday China claimed the United is suppressing Chinese firms. This statement came after U.S president Joe Biden on Thursday has listed 59 Chinese firms in the U.S which are off-limits to U.S investors.
Whereas, the U.S has revealed the American investors over their connection to the Chinese military-industrial complex. In the former president of U.S Donald Trump's administration, 31 Chinese firms were listed which are involved in funding China's military.
However, China's foreign minister has declared this as a violation of market law and also plans to suppress the Chinese firms