"The Chinese ministry of commerce came up with the idea two years ago, " recalls Faisal.

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The Chinese Ministry of Commerce rejected the deal in a high-profile test of its then-new anti-monopoly law.

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Despite the sour grapes expressed by Huawei and its patron, the Chinese Ministry of Commerce, the United States is open and ready to welcome Chinese investment.

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Dr. Wang Huiyao works for the Chinese Ministry of Commerce.

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Meanwhile, Huawei and officials of the Chinese Ministry of Commerce are lambasting the CFIUS decision as further evidence that the United States is closed to Chinese direct investment, and implying that U.S. investors might expect similarly shoddy treatment in China.

FORBES: Despite Huawei's Experience, America is Increasingly Open to Chinese Investment

The 2006 rules reiterate that all acquisitions of Chinese companies require approval from the Ministry of Commerce.

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Government representatives from the Ministry of Commerce, the State Council, the Ministry of Foreign Affairs and various Chambers of Commerce were all bullish on the opportunities for Chinese enterprises to go out and succeed.

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So far 22, 155 Chinese workers have been accounted for, the China Daily reported, citing numbers from the Ministry of Commerce.

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Also on Thursday, the Ministry of Commerce confirmed that problems in the core economies have taken a toll on Chinese exports.

FORBES: China Sees Decline In US Corporate Investment