日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

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

Abuse of state power is not the way to go about business: China Daily editorial

chinadaily.com.cn | Updated: 2020-11-16 20:17
Share
Share - WeChat
Photo taken on Nov 2, 2020 shows the White House in Washington, D.C., the United States. [Photo/Xinhua]

The executive order US President Donald Trump signed on Thursday prohibiting investment in 31 Chinese companies that his administration alleges are owned or controlled by the Chinese military comes as no real surprise, as these enterprises have been on a US Department of Defense blacklist for months.

Nonetheless, it seriously disrupts the normal economic, trade and investment cooperation between China and the United States and severely damages not only the rights and interests of Chinese companies, but also those of investors all over the world, including US investors.

The order claims that China is "increasingly exploiting United States capital to resource and enable the development and modernization of its military, intelligence, and other security apparatuses".

But there has been no evidence forthcoming to support that allegation. The US is simply politicizing high-tech competition in areas where it fears being second best.

Since almost all of the companies are industry and technology leaders in their respective fields, the ban, alongside the series of attacks the US administration has orchestrated on different fronts against these enterprises, is not aimed at protecting the US' national security as the administration claims but rather at thwarting China's national development.

As China's Ministry of Commerce said, Washington's generalization of the concept of national security, and its abuse of state power to stifle foreign enterprises violate the principle of market competition and the international economic and trade rules that it professes to champion.

By trampling over market forces and replacing the rules of business with its own long-arm jurisdiction, it is abusing state power to repress Chinese enterprises without cause and squeezing the buffer zone between national interests.

No matter what it does, the administration cannot change the complementarity between the US and Chinese economies or block people-to-people exchanges.

Despite the outbreak of the novel coronavirus and the desperation the US administration has demonstrated in its bid to stifle China, bilateral trade has surged more than 2 percent in the first three quarters of this year, and many US companies attended the import expo China hosted earlier this month in Shanghai.

The order, which is expected to take effect on Jan 11, prohibits US citizens from owning or trading securities linked to the companies. But the interest foreign investors, including those from the US, have shown in them is based on their confidence in the prospects of the world's second-largest economy that is opening its door wider and wider.

Marco Rubio, a top congressional China hawk, welcoming the move said, "We can never put the interests of the Chinese Communist Party and Wall Street above American workers and mom and pop investors".

But by prejudicially acting against the laws of the market in this way, the US administration is digging a grave for the interests of US investors.

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: 手机看片高清日韩精品 | 日韩精品第二页 | 五月天丁香久久 | 久章草影院 | 成片免费观看视频在线网 | 久久一区二区三区精品 | 射综合网 | 我和我的祖国电影在线观看免费版高清 | 精品一卡2卡三卡四卡二卡 欧美不卡一区二区三区在线观看 | 欧美成人精品一区二区三区 | 国产黑丝在线播放 | 中文字幕日韩欧美 | 99精品视频免费看 | 亚洲视频在线看 | 午夜视频免费 成人 | 黄色av.com | 国产色片在线观看 | 国产成人免费全部网站 | 一级黄色片欧美 | 国产h视频在线观看高清 | 男进女内免费视频无遮挡 | 日本一区二区三区高清不卡 | 91免费网| 黄桃av| 国产欧美日韩精品一区二 | 成人免费视频观看视频 | 91麻豆精东果冻天美传媒老狼 | 久久一er精这里有精品 | 性色av一区二区三区四区 | 一级午夜a毛片免费视频 | 亚洲国产精品久久久 | 山岸逢花在线观看 | 亚洲电影在线观看 | 久久精品国产线看观看亚洲 | 国产色在线| 九九视屏 | 日韩在线视频免费 | 黄色网在线播放 | 91精品国产综合久久久久久 | 不卡一区| 久久久婷 |