It's been more than half a year since the latest round of trade frictions between the US and China began. Now the Chinese Ministry of Commerce says the trade war's impact on Chinese companies are 'manageable'. The statement has been made by a ministry spokesperson, who also commented on Washington's new measures to toughen the review of foreign investment. Our reporter, Wang Hui, has more.

In terms of the impact of the trade spat on Chinese companies, the spokesman said it's been limited and the risk is manageable, with mainly export-oriented firms being affected.

GAO FENG, SPOKESMAN CHINESE MINISTRY OF COMMERCE "For companies that export goods, if their products are competitive and hard to be replaced, the impact is not big. But for some companies whose products are not that competitive and somewhat replaceable, they are facing the pressure of climbing costs and dropping orders. Individual companies are facing the risk of laying off workers, and stopping or altering their production levels."

Meanwhile, a new US move could add more headaches for Chinese companies. The recently announced interim regulation of the Foreign Investment Risk Review Modernization Act aims to protect America's key technology and intellectual property from being purchased by potentially harmful foreign buyers. It imposes stricter review measures on foreign investment in 27 fields. I asked the spokesman for China's stance over the regulation.

WANG HUI BEIJING "The US Department of Treasury announced the interim regulation of the Foreign Investment Risk Review Modernization Act on October 10th. Some people believe it's tougher than expected, and have raised concerns that it will cause more difficulties for Chinese investors. What's your comment?"

GAO FENG, SPOKESMAN CHINESE MINISTRY OF COMMERCE "We are estimating the impact of this interim regulation. We hope Washington's measures won't bring new uncertainties to foreign investors, or allow the US to use their so-called 'national security' concerns as excuses. We hope they can create a fair, transparent and predictable business environment for investors."

Meanwhile, despite the uncertainties caused by the disputes, China's trade figures have increased at a relatively fast pace.

WANG HUI BEIJING "In the first three quarters of 2018, China's total trade volume exceeded 22 trillion yuan, 14% of which was made up of bilateral trade between China and the US. Commenting on the outlook for the entire year, the spokesman said tensions with the US are only one of the factors affecting China's trade, and they will not play a decisive role. He said Beijing expects the country's trade development to remain stable and make progress. Wang Hui, CGTN, Beijing."