China’s NDRC says it does not require tech firms to reject foreign investment
China's National Development and Reform Commission (NDRC) clarified that it does not require tech firms to reject foreign investment. This statement comes after concerns arose following a report suggesting that Chinese regulators had advised domestic companies to refuse US funding. The NDRC emphasized that foreign investment is welcome as long as it complies with Chinese laws and does not threaten national security.
- ▪The NDRC stated it never instructed tech companies to turn away foreign investment.
- ▪This clarification follows a Bloomberg report alleging informal guidance to reject US funding.
- ▪Foreign investment in China's technology sector is permitted if it complies with local laws.
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China’s NDRC says it does not require tech firms to reject foreign investment The clarification comes weeks after Beijing blocked Meta's $2 billion acquisition of an AI startup, sending mixed signals to global investors. Share Add us on Google by Editorial Team May. 22, 2026 (function () { var s = document.currentScript; var wrapper = s && s.closest ? s.closest('.cb-sevioads-inarticle') : null; var inMobile = wrapper && wrapper.closest('#mobile-articles'); var inDesktop = wrapper && wrapper.closest('#desktop-articles'); if (inMobile || inDesktop) { var isDesktopVp = window.matchMedia('(min-width: 768px)').matches; var matches = (inMobile && !isDesktopVp) || (inDesktop && isDesktopVp); if (!matches) { var sevioDiv = wrapper.querySelector('.sevioads'); if (sevioDiv)…
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