China does not make tech firms reject foreign investment, NDRC says

China's state planner said the government has never required Chinese technology companies to reject foreign investment, directly addressing speculation that Beijing may ask firms to turn away U.S. capital. The statement is mainly clarificatory and does not announce a policy change. Market impact appears limited absent new restrictions or enforcement actions.

Analysis

China's state planner said the government has never required Chinese technology companies to reject foreign investment, directly addressing speculation that Beijing may ask firms to turn away U.S. capital. The statement is mainly clarificatory and does not announce a policy change. Market impact appears limited absent new restrictions or enforcement actions.