The White House has a damage again, "History Unprecedented"

According to the United States "Washington Post" reported on the 13th, after more than a year of debate, the White House responded for the first time in 2021 "National Key Defense Act" proposed.

U.S. President's National Security Consultant Sarawon stated in a statement that the United States will ask the United States to increase the transparency of the investment in the "critical areas" of US companies in China and other "critical areas", and the White House expresses support to prevent "these transactions weaken the technology of US technology Advantages or destruction of the toughness of the supply chain ultimately damage the national security. "

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It is reported that the White House has reached a consensus on relevant proposals to restrict or even prohibit investment in some fields that may "damage national security". The United States is worried that such investment may help China weaken the United States after mastering key technologies, making the United States in a dangerous situation that rely on Chinese goods.

Earlier, the U.S. government reviewed the U.S. investment that might "damage national security", and the two houses also drafted a proposal called the "National Critical Capabilities Defense Act" (NCCDA). This has been criticized by the US -China Trade National Committee as "unprecedented measures in the history of the United States in 250 years", which has increased more uncertainty and will damage the competitiveness of the United States.

The drafting of the bill claims that the bill is essential for ensuring the employment of the United States and preventing China from surpassing the United States in the field of emerging technology.

Shatin data map. Source: Visual China

The Washington Post disclosed that the draft requires US companies to announce investment plans for key areas of China, including semiconductors, quantum technology, artificial intelligence, key minerals and materials, and large -capacity batteries.

At the same time, the bill is expected to expand the power of the president, and authorized the president to include the "any other fields" of the "key capabilities of the country" into the category of the review.

The proposal of the bill, a member of the Senate Finance Committee, and the Democratic Senator Bob Casey said: "From masks, ventilator to computer chips, the epidemic has made people see the fragility of the US supply chain. When knowledge and technical tricks, we are giving the manufacturing capabilities to foreign opponents, damaging the American family and economy. "

But the bill is also facing resistance from Republicans and business circles, and they believe it will harm the competitiveness of the United States.

John Murphy, a senior vice president of the US Chamber of Commerce in charge of international policies, criticized that "the US government may begin to review the investment methods and investment places of companies, which is worrying. For companies that develop business around the world, this may be a one The heavy restrictions that have not been seen before. "

The report of the US Consulting Institution Rongding Group also confirms Murphy's point of view. The report shows that if the bill is passed, up to 43%of the investment in the United States' foreign direct investment (FDI) from 2000 to 2019 will be due to the bill It was reviewed.

Senator criticized that the bill lacked public hearing about legislation and was worried that the bill might disturb the freedom of investment and trade, thereby bringing a slowdown in economic growth and the risk of further CPI.

A spokesman for the Chinese Embassy in the United States previously stated that "the bill is generally the concept of national security and the abuse of national power. It seriously violates the market that the United States has valued and other international economic and trade rules."

Foreign Ministry spokesman Wang Wenbin also stated on May 17 that China has always opposed the practice of the United States' general national security concept and abuse of national power unreasonable to suppress specific countries and enterprises. The US approach damages the security of the global industrial chain supply chain and is destined to damage others.

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