www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

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: 美女扒开腿让男生桶爽网站 | 欧美成人免费全部观看天天性色 | youjizzxxx69日本| 日本一区二区三区在线 视频观看免费 | 亚洲视频在线网 | 白嫩美女直冒白浆 | 一区二区三区视频在线观看 | 亚洲精彩视频在线观看 | 天天躁夜夜躁狠狠躁2024 | 一级女性全黄久久生活片 | 亚洲天码中文字幕第一页 | a级高清 | 中文字幕成人 | 巨乳女上司 | 国产欧美一区二区三区视频在线观看 | 狠狠色婷婷丁香综合久久韩国 | 国产亚洲一区二区精品 | 日韩欧美精品综合一区二区三区 | 国产精品自拍在线 | 中文字幕波多野不卡一区 | 香港a毛片免费全部播放 | 日本三级在线观看中文字 | 免费久久精品 | 日韩欧美一区二区三区久久 | 日本高清va不卡视频在线观看 | 国产精品久久久久久免费 | 国产成人免费高清在线观看 | 欧美在线视频不卡 | 亚洲精品第一第二区 | 亚洲乱码一区二区三区国产精品 | 国产成人免费高清激情视频 | 欧美极品在线播放 | avav男人天堂| 欧美a免费| 国产精品手机在线 | 91大神在线精品视频一区 | 中文字幕 日韩在线 | 男女一级爽爽快视频 | 99久久综合狠狠综合久久一区 | 免费一级肉体全黄毛片高清 | 亚洲欧美久久一区二区 |