Spokesperson of the Chinese Embassy in the United States responded, foreign media: Biden signs an administrative order for "investment restrictions on China" technology | investment | restrictions

Release time:Apr 14, 2024 17:08 PM

Environmental Video/Producer Wang Li

According to Reuters and other media reports on the 9th, US President Biden signed an executive order on Wednesday local time regarding "investment restrictions on China". The order will strictly restrict US investment in sensitive technology fields in China and require US companies to report to the US government on investment in other technology fields in China. It is worth noting that the United States has repeatedly aired this administrative order, and China has clearly expressed its opposition.

Regarding the executive order, Reuters stated in its latest report that it authorizes the US Treasury to prohibit or restrict US investments in Chinese entities in three areas including semiconductors and microelectronics, quantum information technology, and artificial intelligence systems. According to reports, Biden claimed in a letter to Congress that he declared a state of emergency in response to the threats posed by China and other countries' advances in important sensitive technologies and products such as military, intelligence, surveillance, or cyber capabilities.

This kind of rendering of the so-called threat to China is not uncommon in Washington. Reuters cited insiders as saying that the administrative order is expected to be implemented next year, and multiple rounds of public opinion will be solicited before that. The report further stated that although US officials insist that the executive order is aimed at addressing "the most urgent national security risks" rather than separating the highly dependent economic relations between the US and China, this measure may still exacerbate tensions between the two world's largest economies.

Regarding Biden's signing of the aforementioned administrative order on the 9th, the Russian satellite news agency stated that Liu Pengyu, spokesperson for the Chinese Embassy in the United States, responded later on the same day, expressing great regret. "Despite China's repeated expressions of deep concern, the US continues to implement new investment restrictions. China is very disappointed with this," Liu Pengyu said. "The essence of China US economic and trade relations is mutual benefit and win-win. Bilateral investment is an important component of bilateral trade."


Spokesperson of the Chinese Embassy in the United States responded, foreign media: Biden signs an administrative order for "investment restrictions on China" technology | investment | restrictions

According to a report by The New York Times on the 9th, the Biden administration plans to introduce investment restrictions on sensitive technology fields, including quantum computing, artificial intelligence, and advanced semiconductors, to prevent the transfer of US dollars and professional technology to China. This American media referred to the White House's action as "one of the first important measures taken by the United States to curb financial flows in the economic conflict with China." Analysts believe that communication and implementation of this measure will be difficult, and the US "business community has begun to oppose the politicization of the private market.". On the 9th, communication technology expert Xiang Ligang told Global Times reporters that the United States is going to hold an election next year, and the Biden administration needs to show a tough attitude towards China under election pressure. Therefore, measures to suppress China will be used as a tool to win votes. In this situation, Washington does not value the effectiveness of these measures after implementation, even if the interests of American companies will be harmed.

Two women were stabbed to death and reported to have committed a crime 4 days before the follow-up visit for schizophrenia. Suspect of a bloody murder case in a Hong Kong shopping mall appeared in court today. Male | Last Friday | Murder case
Two women were stabbed to death and reported to have committed a crime 4 days before the follow-up visit for schizophrenia. Suspect of a bloody murder case in a Hong Kong shopping mall appeared in court today. Male | Last Friday | Murder case

According to Hong Kong's Wen Wei Po, a bloody knife stabbing case occurred at Hollywood Square in Diamond Hill last Friday. The police arrested a 39 year old man on suspicion of stabbing two young women, one of whom was stabbed over 30 times. The suspect appeared in the Kwun Tong Magistrates Court this morning. The police at the Kwun Tong Magistrate's Court temporarily charged the suspect with two counts of murder last Sunday. The suspect appeared in court this morning at the Kwun Tong Magistrate's Court. Acting Chief Magistrate Zheng Jihang, after listening to the opinions of both the prosecution and defense, decided to postpone the hearing for two weeks until 9:30 am on June 19th, waiting for two psychiatric expert reports to be obtained. The defense did not object. Zheng Jihang approved the application, and the defendant needs to be temporarily detained at Xiaolan Mental Hospital. When the suspect appeared in court, he wore black framed glasses, a light gray shirt, and camouflage green shorts, and was able to answer the judge's questions normally. accordingly

Secretary of the Provincial Party Committee: The focus of Henan's "summer harvest" has shifted to agricultural machinery in the northern region of Henan Province. | Support | Science | Organization | Province | Northern Henan | Summer Harvest | Rush Harvest
Secretary of the Provincial Party Committee: The focus of Henan's "summer harvest" has shifted to agricultural machinery in the northern region of Henan Province. | Support | Science | Organization | Province | Northern Henan | Summer Harvest | Rush Harvest

Currently, the highly anticipated summer harvest work in Henan has shifted its focus to the northern region of Henan. According to the Henan Daily client, on June 4th, Lou Yangsheng, Secretary of the Henan Provincial Party Committee, presided over a special video scheduling meeting on the "Three Summers" work in the province, listened to the situation report, analyzed and judged the situation, and arranged and deployed the next steps of work. Governor Wang Kai made specific arrangements. On the evening of May 31, 2023, in Xiafutou Village, Xuliang Town, Boai County, Jiaozuo, Henan Province, villagers braved light rain in the wheat fields to harvest wheat. Visual China Map Lou Yangsheng pointed out that the current summer harvest battle in the province has entered the decisive stage. Doing a good job in summer harvest in northern Henan Province is related to the summer grain yield and seed safety. We should focus on seizing opportunities and make every effort to organize the wheat harvesting work in the northern Henan region, minimize losses, and protect the interests of farmers to the greatest extent possible. Accurate forecasting is essential

Xinhua All Media+| Welcome home! What innovative technologies are protecting the return journey of Shenzhou 15? Spaceship | Shenzhou | Technology
Xinhua All Media+| Welcome home! What innovative technologies are protecting the return journey of Shenzhou 15? Spaceship | Shenzhou | Technology

On June 4th, the return capsule of the Shenzhou-15 manned spacecraft successfully landed at the Dongfeng landing site. Astronauts Fei Junlong, Deng Qingming, and Zhang Lu all safely and smoothly exited the spacecraft, and the Shenzhou-15 manned flight mission was a complete success. What innovative technologies are there to safeguard the return journey of Shenzhou 15 in this mission? On June 4th, the return capsule of the Shenzhou-15 manned spacecraft successfully landed at the Dongfeng landing site. Xinhua News Agency reporter Lian Zhen photographed that "the sky and the ground" ensure the high-precision return of spacecraft. For the Shenzhou series spacecraft, the return and re-entry GNC technology is directly related to the life safety of astronauts. Taking the success of this return mission as a symbol, China has comprehensively upgraded its GNC system since the Shenzhou-12 manned spacecraft, which features autonomous rapid rendezvous and docking, autonomous adaptive prediction and re-entry return guidance, and has completed a comprehensive update and replacement

The Chinese naval fleet has arrived! Assembly | Navy | Chinese Fleet
The Chinese naval fleet has arrived! Assembly | Navy | Chinese Fleet

At noon today, a Chinese naval fleet consisting of Zhanjiang and Xuchang ships arrived at the assembly area of the "Comodo-2023" multinational maritime joint exercise. It is understood that the assembly anchorage for this exercise is 3 nautical miles long and 1.5 nautical miles wide, capable of anchoring up to 50 ships. Naval vessels from various countries participating in the exercise will also arrive at the anchorage today to complete the assembly of the "Komodo 2023" multinational maritime joint exercise, which is held every two years by the Indonesian Navy. This year is already the fourth edition of the exercise. The exercise will be held from June 5th to 8th in the city of Jakarta, South Sulawesi Province, Indonesia, including the port and sea phases. In the coming days, participating navies from various countries will participate in ship reading style search and rescue exercises, maritime interception and damage management exercises, aerial exercises, and other course objectives exercises

New comment: Donkey like "morale" limit pulls US debt "bomb" fuse hard to dismantle US | debt | morale
New comment: Donkey like "morale" limit pulls US debt "bomb" fuse hard to dismantle US | debt | morale

On the evening of June 1st, the US Senate passed a bill on the federal government's debt ceiling and budget, and the flame of the US debt bomb was temporarily extinguished at the last moment. The two parties in the United States have staged an extreme tug of war over the US debt bomb. Some experts believe that the US debt crisis is the result of the reckless politics promoted by the US dollar hegemony, and the underlying cause of this crisis is the highly polarized political system of the US. Since the end of World War II, the US Congress has adjusted the debt ceiling more than a hundred times. The recurring debt crisis will not only have a catastrophic impact on the US economy and people's livelihoods, but also continuously erode the value of US dollar assets such as government credit and US bonds, bringing significant and far-reaching impacts to the global economic landscape. 【