1
On June 3rd, local time, US President Biden signed an executive order to put 59 China enterprises such as Huawei and SMIC on the investment blacklist (Bao Ge put the list at the end of the article), prohibiting Americans from investing in these China enterprises.
The order will take effect at 0 1 am on August 2, US Eastern Time, and investors will have 12 months to divest their shares. Although American investors are not explicitly required to sell the securities of these 59 companies, they will not be able to sell their securities after the expiration of one year.
Last year, in order to suppress China, Trump blacklisted 48 China enterprises and prohibited American investors from investing in enterprises owned or controlled by China's military, with the aim of preventing American investment companies, pension funds and other institutions from buying and selling shares of these China enterprises. Biden has not implemented this policy since he took office as the new president, and domestic public opinion once thought that this matter might go away.
With the stability of Biden's presidency, this policy has not been terminated, but it is worse than the Trump era. On the Trump administration's list, 1 1 enterprises have been added, such as AVIC electric measuring instruments and Jiangxi Hongdu aviation industry.
After Trump released the list last year, companies such as China Mobile and China Telecom had no choice but to withdraw from the United States. However, some enterprises in China protested against this smear policy, and China enterprises including Xiaomi and Laundry Technology immediately filed a lawsuit. As a result, both Xiaomi and Laundry Technology were exempted from sanctions, and Xiaomi was even removed from the blacklist, which triggered the carnival of domestic investors.
However, it may be that Xiaomi successfully challenged Trump's order, completely "angered" the overbearing Americans, and let Biden's government taste the taste of failure. "The Biden administration believes that it is necessary to amend this investment ban to ensure its legal rationality and long-term sustainability.
Even foreign media predicted that the US Treasury would "scroll" to update this list, and it is expected that more China enterprises will be blacklisted in the coming months.
This kind of behavior in the United States harms others and harms others. While countries around the world are struggling to fight the epidemic and the world economy is struggling to move forward, the United States is pursuing protectionism, unilateralism and bullying. This is a very irresponsible performance, and it is not the demeanor that a world power should have.
So far, apart from accusations and protests, China has taken no other measures to fight back.
2
When Biden and Trump ran for president last year, they indicated that they were expected to ease Sino-US relations. Judging from Biden's six months in office, his performance is not satisfactory, which shows that Biden may be more annoying than Trump.
In fact, on the surface, Trump is aggressive and makes enemies everywhere, especially the trade conflict between China and the United States, which has brought Sino-US relations to a freezing point in recent years.
In fact, Trump is still a businessman in his bones. Although he constantly provokes troubles and carries out high-pressure coercion, his purpose is still very simple, that is, to reach an agreement between China and the United States, rather than behind closed doors. Many of his practices are mainly for profit. Since it is mercenary, there is naturally room for discussion, so any conflict has a turning point.
Biden, on the other hand, comes from the Democratic Party of the United States, and his foreign policy has always been that politics is more important than economic interests. Trump will not turn a blind eye to the damage to the interests of American interest groups, but Biden will certainly not give up until he achieves his political goals.
In addition, in the economic field, Biden believes in the market economy and hates the government's excessive intervention in the market.
As we all know, the biggest conflict between China and the United States is the conflict of values brought about by different social nature. The rise of China in recent years has seriously threatened the world's number one in the eyes of Americans. In particular, China's success in fighting the epidemic has proved the superiority of China's social system to the whole world, which has greatly questioned the export of American values. Unlike economic conflicts, this irreconcilable political contradiction cannot be compromised through negotiation.
In addition, behind this incident, there is another purpose of Biden. The G-7 summit will be held in Britain this month. Biden signed this document on the eve of the G-7 summit, with the obvious intention of telling his allies that the United States has spared no effort and stood firm in dealing with China's economic and technological development. The United States has taken substantive measures, and other allies should also bring out the "warlords" of the G-7 summit. It can be predicted that this month's G7 may "bleed" for China, and there may be all kinds of unwarranted accusations and political remarks, even some substantive means.
three
Attachment: List of China enterprises blacklisted by Biden government.
China Aero-Engine Company
Zhonghang UAV co., ltd
Aerospace communication holding group co., ltd
AEROSUN company
Anhui great wall military industry co., ltd.
aviation industry corporation of china
Zhonghang aviation high-tech co., ltd
China aviation heavy machinery co., ltd.
Avic yongan photoelectric technology co., ltd.
AVIC Shen Fei Aircraft Co., Ltd.
AVIC Xi 'an Aircraft Industry Group Co., Ltd.
Changsha Kyoka micro-electrons co., ltd
China Academy of Launch Vehicle Technology
China aerospace science and technology co., ltd.
chinaaerospace science and technologycorporation
China aerospace times electronics co., ltd.
China avionics system co., ltd
China Communications Construction Company Limited
China Communications Construction Group Company Limited
China electronics group company
china electronics technology group corporation
China Nuclear Power Company
China ocean information electronics co., ltd
China Mobile Communications Group Co., Ltd.
China Mobile Communication Co., Ltd.
China National Nuclear Corporation
China National Offshore Oil Corporation
China North Industries Group Co., Ltd.
China Nuclear Engineering Co., Ltd.
China Railway Construction Company Limited
China Satellite Communication Co., Ltd.
China Shipping Industry Co., Ltd.
China Shipbuilding Industry Group Co., Ltd.
China South Industry Group Company
China Aerospace Satellite Co., Ltd.
China Shipping Industry Co., Ltd.
China Telecom Corporation Limited
China Telecom
China Unicom (HK) Co., Ltd.
China United Communications Group Co., Ltd.
China national offshore oil co., ltd
Costa Group Limited
CSIC Ocean Engineering (Group) Co., Ltd.
Fujian torch electronic technology co., ltd
Guizhou aerospace electrics co., ltd
Hangzhou hai kang Wei Shi digital science and technology co., ltd
Huawei investment holding co., ltd.
Huawei technologies co., ltd.
Inner Mongolia First Machinery Group Co., Ltd.
Langchao group co., ltd
Jiangxi hongdu aviation industry co., ltd
Nanjing panda electronics co., ltd
North air traffic control technology co., ltd
Panda electronics group co., ltd
Jiurong capital co., ltd
Jiaxin capital co., ltd
SMIC International Integrated Circuit Manufacturing Co., Ltd.
Shaanxi Zhongtian rocket technology co., ltd
Zhonghang electronic measuring instrument co., ltd