(Washington Composite Electric) US President Biden said that China is facing economic and population issues. He is worried that this world's second largest economy will become "timing bombs" that may threaten other regions of the world.
Bayeng on Thursday (August 10) said at the political fundraising activity of Utah that China's economic growth has slowed down, the unemployment rate remains high, and the population that reaches the retirement age exceeds the labor population.
He refers to China "in trouble.""This is not wonderful, do bad things when the bad guys are in the condition."
Bayeng reiterated on Thursday that Washington has no intention of conflicting with Beijing. The United States hopes to maintain a rational relationship with China. It is currently paying close attention to the Chinese movement.
In July, China fell into deflation .EssenceChina may be entering an era of a sharp slowdown in economic growth, stagnant consumption prices and wages, and is in sharp contrast to the inflation situation elsewhere in the world.
Bynden also described China's "Belt and Road" initiative as a "debt and noose" on Thursday, because participating countries must accept some terms to obtain funds.
Bloomberg reported that this is one of the most worrying remarks that Biden has made to China so far.At present, Biden is trying to restrain the Chinese economy and the South China Sea, while reaching diplomatic reconciliation with Chinese leaders to prevent bilateral relations from continuing to fall into low valley.
Biden signed an administrative order to restrict US companies' investment sensitive technology for China
Signing an administrative order on Wednesday (9th), Investment in China , including semiconductors, quantum operations and artificial intelligence (AI).The Chinese Ministry of Foreign Affairs and the Ministry of Commerce proposed a serious negotiation, China emphasizes that the right to protect the right to adopt corresponding countermeasure measures.
Financial Times reported on Thursday that after Biden signed an administrative order, American investors tried to evaluate the potential impact of new measures on their companies in Chinese companies, and weighing to abide by the new regulations or withdraw from the Chinese market.
A semiconductor startup owner headquartered in Shanghai revealed that he decided to move his team out of China.He told the Financial Times: "After the news came out, I decided to move the team out of China or withdraw at least a part of the personnel. Otherwise, financing will be seriously limited."
The new administrative order of Biden, especially artificial intelligence, is incorporated into the scope of the prohibition, which may prevent American investors buy Chinese companies' stocks.
Ellis, CEO of the private equity equity of the United States, said: "Artificial intelligence is ubiquitous, and most of them are dual -purpose ... We cannot set its scope of use."
Industry insiders have pointed out that American investors have reduced or limited investment in China. No matter whether this new administrative order is or not, this trend cannot be reversed.
A European venture investor said: "The era when American venture capital companies have invested in China have ended."
Some fund managers, lobbyist and members of parliament believe that the administrative order of Biden brings more questions to investors.It is unclear how the Biden government should not be allowed to invest, and only to notify the official but can still draw a clear boundary between the official but can still invest in the boundary, which will allow investors to lose their evidence during the transition.
