三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

Global EditionASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Editorials

US reshaping rules in bid for economic hegemony: China Daily editorial

chinadaily.com.cn | Updated: 2018-06-25 21:54
Share
Share - WeChat

US President Donald Trump reportedly plans to impose restrictions on Chinese companies investing in US tech firms and blocking even more high-tech exports to China under the guise of protecting national security, but such a rules-breaking practice is politicizing business and will lead to investors, Chinese or not, losing trust in the US market.

Even though Chinese investments in the US are mutually beneficial — creating jobs, contributing taxes, and bringing funds to the US market — the restrictive measures, which could be announced by the end of this week, are an indication that the Trump administration intends to further obstruct normal business exchanges between China and the United States.

By blocking companies with at least 25 percent Chinese ownership from buying US firms involved in "industrially significant technology", the Trump administration is attempting to prevent China from growing into a more competitive rival by creating obstacles to the implementation of its Made in China 2025 plan, which the Trump administration views as China's bid to stake its leadership in the key industries of the future.

Under the administration’s existing restrictions, US data show that China's investment in US companies had already slumped to $29.4 billion last year from $46.2 billion in 2016. And the move, if finalized, will prompt more enterprises from China to think twice before investing in the US. They will naturally be more cautious about pursuing mergers and acquisitions with US companies knowing that whether a deal is completed or not will be at the whim of the Trump administration.

While it is not clear yet whether the move will achieve its intended aim of curbing China's competitiveness, it is certain to aggravate the trade feud between the two sides, which is already roiling the global economy.

And while ostensibly, the move only targets foreign companies with a sizable Chinese stake, it sends a dangerous message that the Trump administration will take whatever measures it deems necessary to achieve its policy agenda, regardless of commonly accepted business rules and the business norms that have existed over past decades.

The US should treat investors from all countries on an equal footing and create a fair and predictable environment for global investors. Instead, it is intent on attaining economic hegemony.

The willful reshaping of rules in this way is so the US can have the development of other countries under its control. That is something countries should rally together to oppose.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 免费摸碰碰视频在线观看 | 韩国淫片 | 精品国产高清a毛片 | 91视频综合 | 日本高清另类videohd | 国产日韩欧美不卡www | 欧美一级日本一级韩国一级 | 亚洲婷婷综合中文字幕第一页 | 亚洲国产青草 | 一级成人a毛片免费播放 | 精品视频中文字幕 | 逼逼毛片 | 日韩精品片 | 免费看毛片软件 | 国产91成人| 久久免费精品国产视频 | 欧美高清免费一级在线 | 久久777国产线看是看精品 | 亚洲黄色毛片 | 免费无遮挡嘿嘿嘿视频动态 | 欧美毛片aaa激情 | 原创国产视频 | 国产成人激烈叫床声视频对白 | 韩日欧美 | 做a网站 | 国产成人夜色影视视频 | 女人被男人狂躁下面在线观看 | 国产精品手机在线亚洲 | 毛片视频网站在线观看 | 国产日韩亚洲欧洲一区二区三区 | 怡红院综合网 | 国产日产欧美一区二区三区 | 狠狠色噜噜狠狠狠狠狠色综合久久 | 在线国产一区 | 久久久久亚洲国产 | 国产精品福利视频萌白酱g 国产精品福利影院 | 黑人狂躁日本妞中文字幕 | 国产一级一级 | 伊人热 | 伊人影院在线观看视频 | 久久精品国产久精国产果冻传媒 |