Source: Bloomberg
Steven T. Dennis, Alexander Ruoff
The US Congress is released to China: No matter who Washington is controlled after the November election, in the foreseeable future, the world's second largest economy and its companies will encounter resistance in the United States.
The House of Representatives put the difference in party differences last week, and approved several Chinese biotechnology companies in the blacklisted research on the research of US biotechnology companies with one side of the voting results.This rare "concentric" moment directly made China spend his efforts in vain.
This biological safety bill that affects the start of the five companies has now entered the Senate review stage. Bloomberg industry research stated that its "possibility" has become a law.
In the future, more bills may be issued.
Mark Warner, an influential Democratic Senator and the Chairman of the Intelligence Committee, wants extensive legislation to formulate rules for Chinese technology companies, rather than aiming at the "mouse -style" strategies with specific goals.
There are members of both parties say that it may be strategic industries such as artificial intelligence (AI) and advanced computing.E -commerce giants TEMU and other Chinese exporters are also watching. The two parties in the United States are working together to block a vulnerability for tariff exemptions that promote their US business.
The House of Representatives also passed many other bills for China, some target Chinese drones, some are dominated by China in the electric vehicle supply chain, and so on.
In the economic competition between the world's two major economies, in terms of nominal GDP (GDP), the United States has recently expanded its advantages.But in the economic campaign program of US Vice President Harris or former President Trump, Sino -US competition is an important part.
"No matter which party wins a majority of seats, there will be much more such bills in the next Congress," said James Comer, Republican Republican Republican member of the Kentucky state.He is a key person who has been passed by the Biological Safety Act.
Lily Mcelwee, deputy director of the China Research Project of Washington's Strategy and International Research Center, said that even if many bills will never become law, American and Chinese companies will be directly affected and instant.
"Of course, this will create a highly uncertain environment for Chinese companies seeking to maintain or expand cooperative relationships with American companies," Mcelwee said.
imitate Tiktok
Before the voting of the Biological Safety Act, the forced byte beating was approved in April (now the byte beating is being a lawsuit with the US government).
In these two cases, Chinese companies and their lobbyers in Washington claim that their U.S. strongholds do not pose a threat to American citizens or security, and they are unnecessary and unfair to be targeted.Tiktok has more than 150 million U.S. users, and Trump has vowed to leave this application.
Raja Krishnamoorthi, Democratic Party leader of the China -US Strategic Competition Commission, said that the company influenced by the Biological Safety Act imitation of Tiktok, which has adopted the Influice Campaigns, is the same as bytes.Most MPs.
Krishnamoorthi said that companies such as the Washinga Group (one of the goals of the Biological Safety Act) also use a complex ownership structure to protect their US business while maintaining connection with China.
China said that Chinese companies have been targeted unfairly, and the United States is targeting foreign companies and destroying fair competition in generalized national security.
Mao Ning, a spokesman for the Chinese Ministry of Foreign Affairs, said that China will continue to firmly safeguard the legitimate rights and interests of their domestic enterprises.
