The United States has once again taken a black hand on China's enterprises | Pressure | The United States

The United States has once again targeted China.

Unprecedented, related to investment; The means are ruthless enough, and American companies are also helpless.

US President Biden signed this executive order on August 9th, and some of its provisions were indeed sharpened, with a few highlights.

1. Restrict or even prohibit direct investment by the United States in three areas of China, namely semiconductors, quantum computing, and artificial intelligence.

2. The reason for choosing these three categories is explained by the White House because they play a crucial role in accelerating the development of advanced military, intelligence, surveillance, and network capabilities.

3. US investors in related fields, whether they are private equity, venture capital, or joint ventures in China, must report investments that fall under restricted categories to the US Treasury Department.

4. Biden also instructed the Secretary of the Treasury to issue regulatory regulations prohibiting US corporations from engaging in "specific transactions" with "certain entities" located in or under the jurisdiction of "countries of concern" and "certain other entities" owned by "countries of concern" corporations, or engaging in activities related to restricted technologies and products.

5. The restricted object of administrative orders is "attention to the country", but the annex of administrative orders specifies that China is the so-called "attention to the country".

Also, there are 5 very interesting points.

According to sources, the US investment restriction plan has narrowed its scope from the beginning. According to American media interpretation, this means that the most affected will be Chinese startups in their early stages.

7. The administrative order will take about another year to take effect, and this order does not have retrospective effect, which means that investments made within this year should not be restricted.

A few hours before Biden signed the executive order, White House officials also argued that this measure was based on national security considerations and not economic policy.

9. US officials claim that they have communicated this policy with the Chinese side. This has faced strong opposition from the Chinese side, but the United States still goes its own way and claims that such differences will not lead to a deterioration of relations.

10. US officials also claimed that the US has had close consultations with allies and partners, including members of the G7, the European Union, and the UK, and they will also introduce similar measures based on their own situation.

What does it mean?

The meaning is very clear.

Firstly, the United States is deliberately carrying out a comprehensive strangulation of China.

Especially in the high-tech field, in the name of so-called national security, everything is done to the extreme.

Moreover, we also need to gather Western countries and hang them together.

What market economy? What is the spirit of the contract? What is open and inclusive?

When the United States does it, there are no taboos. Moreover, only the United States can set fires, and China is not allowed to light lights. Only the United States can succeed, and China cannot break through

This inevitably reminds people of various commitments made by the United States, including the "five no's and four no's" that American leaders talk about:

Not seeking to fight a "new cold war" with China,

Not seeking to change the Chinese system,

Not seeking to oppose China through strengthening alliance relations,

does not support "taiwan independence",

"Two Chinas" and "One China, One Taiwan" are not supported,

Intentionally engaging in conflict with China,

Intentionally seeking to decouple from China,

Intentionally obstructing China's economic development,

Unintentional containment of China.

These are all solemn promises made by American leaders, which are seen in news reports. However, compared to reality, has the United States fulfilled them?

Where is the reputation of the United States?

Secondly, the United States is also aware of the domestic and international opposition it has faced.

China's opposition is naturally known to the United States. But the United States doesn't care, it's just to deal with China like this and not let China catch up with the United States.

But the United States is also aware of strong domestic and international opposition.

Don't forget, just last month, executives from the three major chip giants in the United States - Intel, Qualcomm, and Nvidia - were exposed lobbying in Washington to oppose the Biden administration's expansion of restrictions on the sale of certain chips and semiconductor manufacturing equipment to China.

The US ban may seem satisfying, but besides China, it also includes these American companies that have been harmed. After all, China's vast market and opportunities are unmatched by other economies

So, while the United States is introducing this ban, it also implies that there has been some adjustment, and it is not as fierce as before.

But even so, the essence has not changed. Isn't the international community paying attention to the use of these three indiscriminate means together?

Does this United States, which does everything, still have global credibility and leadership?

Thirdly, it is both pressure and motivation for Chinese enterprises.

It must be pressure, and we don't have to avoid it. For some Chinese startups, especially those in these three fields, the days ahead will not be too easy.

The black hands of the United States will definitely not be the last time.

But is China really scared?

The more the United States is doing this, the more it is helping Chinese companies abandon their illusions and master more core technologies through their own efforts. The world also sees that the United States is going back and forth, resulting in more companies not standing under Washington's dangerous wall.

We won't say "lifting a stone to hit our own feet" anymore, because after saying too much, American stones feel like they're not enough now; But in the long run, the United States is spawning stronger opponents for itself.

Recently, I don't know if you have noticed that the wave of "de dollarization" is like a spring wave, quietly and suddenly sweeping across multiple parts of the world.

Why?

Because countries are becoming increasingly afraid of being cut off by the United States. Especially with the increasingly aggressive financial sanctions imposed by the United States, the world has seen the danger of holding US dollars.

So much so that American billionaire Musk lamented, "America's policies are too tough, leading countries to want to abandon the US dollar.".

Too much is not enough. Our Chinese philosophy may not be clear to the United States.

But what can be certain is that the more we develop, the more they become wary. But we still need to remain calm, the more angry we are, the more we need to remain calm; Still need to be open, embrace the world with an open attitude and integrate into the world; Of course, we need to focus more on technology, with a more respectful attitude towards knowledge and talent, to promote our technological takeoff.

This is a difficult struggle, but we have no other choice. Of course, you still need confidence. Today's China, after all, is not the China of 70 years ago. Why be afraid of such a China where everyone is united and doing their own thing well?

I remembered the text on a Huawei promotional poster: Success requires friends, and great success requires enemies.

In this world, he allows himself to be strong, the clear wind brushes the hills, he is horizontal, and the bright moon shines on the river.

Personal opinion does not represent any organization