Current affairs perspective

Since August, the United States' frequent actions against China in the field of economy, trade and technology have been separated from the November presidential election.

August 5th: US Secretary of State Pompeo announced the five major plans of cleaning the network in China, including Clean Carrier, Clean Store, Clean Apps, Clean Cloud, and Clean CloudClean Cable five parts to protect citizen information and the company's most sensitive information, prevent the invasion of malicious actors, and protect key telecommunications and technical infrastructure in the United States; and name Huawei, Alibaba, Baidu, Tencent,And China Telecom company that is not trusted by the United States.

August 6: U.S. President Trump signed two administrative orders respectively to protect national security, and announced that it would prohibit any of the parent company and any subsidiary, WeChat of any American and Tiktok's parent company and Tiktok in 45 days.Tencent and any subsidiary of the parent company conducted any transactions; based on the 1977 International Emergency Economic Power Law and the National Emergency Law in 1976.

August 7: The US Ministry of Finance announced that 11 officials in the Mainland and Hong Kong, including the Hong Kong Chief Executive Lin Zhengyue, said that these officials participated in the promotion of the Hong Kong National Security Law and participated in the policy of supervising and implementing the so -called freedom and democratic processes;State the frozen property of these officials in the United States; and if they are found to have property in the United States, they must report to the Ministry of Finance's Overseas Assets Office (OFAC).

August 9: Azar, Minister of Health and Public Services, visited Taiwan as the highest -level White House officials since 1979.

August 11: The U.S. Customs and Border Defense Administration issued an announcement that its origin will no longer be marked as Hong Kong, but it will be marked as China.

August 11: The National Committee of the United States and China Trade issued a 2020 survey report, with the survey targets of hundreds of companies in Huamei; 88%of them affirm the vision of the first phase of the US -China Trade Agreement.U.S. companies have a positive attitude towards its implementation; at the same time, as many as 83%of US companies have identified the Chinese market as the top five markets in its international strategy.

August 12: The New York Hamburg brand Shake Shack Beijing's first store was officially opened in Sanlitun, and the city is like the city.

August 14: Trump signed an administrative order again, requiring byte beating in accordance with the relevant conditions of the US Foreign Investment Council (CFIUS) in 90 days (up to 120 days) to peel off Tiktok's business in the United States; the legal basis is international emergencyEconomic power law and revised 1950 national defense production law.

August 17: The U.S. Department of Commerce further restricts Huawei to obtain US technology and includes its 38 subsidiaries in the US export control entity list.

August 25: Vice Premier Liu He, Vice Premier of the State Council, and US Trade Representative Leitzze and Minister of Finance of the United States Mnuchin (originally scheduled to be on August 15th, and then rumored to be canceled; the last call was still three months ago), three months ago)The two parties agreed to continue to promote the implementation of the Sino -US first -stage trade agreement; Chinese self -media Tao Ran notes said that the two sides in agriculture and finance were relatively smooth.

August 27: The U.S. Department of Commerce will include 24 Chinese companies, including China Communications and Construction Group, to build military use islands in the South China Sea, and listed the list of US export control entities.

The author predicts that Sino -US relations will present the following characteristics before the US election in November:

I. In non -sensitive areas, such as agricultural products, certain financial services, and direct investment in a large number of US companies in China, they will still focus on cooperation. The two parties continue to promote the implementation of the first stage of trade agreement.On the one hand, Trump needs a large number of agricultural products exported to the United States in order to stabilize his ticket warehouse in agricultural states; on the other hand, American companies have seen the huge potential of the Chinese market, especially in the context of the crown disease epidemic, China is the first to take the leadControlling the epidemic and the rapid recovery of the economy, especially in terms of consumer confidence, ranks first in the world; some American companies may increase their investment in the Chinese market.

2. In the field of high -tech and the Internet, China and the United States are mainly competitive; the United States is unwilling to be surpassed by China such as high -tech and online social media such as 5G, so that high -tech companies and high -tech companies and high -tech companies represented by Huawei will continueInternet companies represented by byte beating; this trend will not change in foreseeable future.

3. It is hostile to geopolitical and ideological areas, including issues such as the South China Sea, Hong Kong, Taiwan, and Xinjiang. Basically, there are basically no war between the two countries.Second, both countries cannot afford to lose.The United States will lose its domineering position, and China will threaten the existing political system.Based on the South China Sea, Hong Kong, Xinjiang and other politics and consciousness, the sanction of some Chinese individuals and enterprises is largely symbolic, and there is no substantial damage to the economic interests of the two countries.However, the United States will use allies (Japan, Australia, India, etc.) in the Indo -Pacific region to restrict China.

In the next few months, the Republican and Democratic Party may criticize China in various ways in order to build potential, but basically belong to the thunderous and small rain.In the end, no matter which party's candidate was elected, the actual implementation policies will ease more than the commitment during the election.

The author is the trade and investment specialist in China