China's Ministry of Commerce responded to a new U.S. report on China's WTO compliance by saying that it represents U.S. "unilateralist thinking and consistent bullying."

At today's press conference, the spokesperson of China's Ministry of Commerce (MOFCOM) provided some comments on several recent development related to foreign export controls, as well as trade relations with the United States, Australia, and Russia.

At a press conference today, a MOFCOM spokesperson offered comments on the new U.S. rules banning Chinese telecoms equipment as well as on the U.S. Inflation Reduction Act.

Chinese officials are making an effort to stabilize major foreign investments in the nation, but some key obstacles and challenges for foreign investors, as illustrated by recent comments from European and American business groups and experts, seem unlikely to be resolved in the near future.

China's Commerce officials recently touted China's development in trade and foreign investment in the first four months of 2022, including that private companies' share in international trade increased to 58.5%, and there was a 26% rise of foreign investment, despite the economic slowdown caused

April data released by China's Ministry of Commerce shows that foreign investment in China grew steadily between January and April this year. In the meantime, however, a negative forecast for foreign investment in China looms.

During a recent press conference, MOFCOM officials said China's economy faces strong headwinds and they will take measures to continue to lure more foreign investment into China and facilitate China's trade with the rest of the world.