China's Finance Minister Lou Jiwei listens to a question at China Development Forum, in Beijing March 22, 2015. REUTERS/Jason Lee
BEIJING (Reuters) - China's Finance Minister Lou Jiwei criticised the U.S. proposal for sectors to be closed to foreign investment under a Bilateral Investment Treaty (BIT) that is currently being negotiated between Washington and Beijing, state media reported.
Lou said that the U.S. negative list, while outlining prohibitions on key infrastructure, technology and national security investment, failed to provide specific definitions over its restrictions, the official Xinhua News Agency reported.
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