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Foreign Ministry spokesman Geng Shuang urged the US gover
government on Tuesday to consider the costs it would bear through raising tariffs.
He reiterated that China will never capitulate under any external pressure and hop
es the US meets C
The US has no need to “worry about” China’s affairs, Geng said at a daily news conference. The country has made progress i
ng its foreign in
vestment environment and has become a popular investment destination, he sa
id, citing the expansion of US-based Exxon
Mobil Corp and
Tesla Inc in the market last year.
Geng stressed that China welcomes foreign companies to increase investm
ent in the market a
nd will co
ntinue to establish a more stable, fair, transparent and predictable investment and business environment.