Experts on the effectiveness of new US sanctions against Chinese entities: This is trade distorting behavior

category:Finance
 Experts on the effectiveness of new US sanctions against Chinese entities: This is trade distorting behavior


Shen Yi, a professor in the Department of international politics at Fudan University, said in an interview with the global times on the 4th that the US technical embargo list has a long history, which can be traced back to the cold war period, initially to avoid the Soviet Union acquiring the military technology of the US and its allies, but with the end of the cold war, its sanctions range has extended from military to commercial level, so as to help us Enterprises The purpose of unfair competition.

Shen Yi believes that the list mainly covers the Internet, artificial intelligence and other high-tech fields, which is mainly related to the big strategic game between China and the United States. Although the United States is ostensibly to protect its national security and human rights, it is actually a distorted industrial policy of the United States. He said the reason behind the U.S. move is to find that it has been unable to maintain an absolute advantage in many areas such as artificial intelligence and big data.

He also reminded that even if China has made great achievements in industrial manufacturing and commercial applications in the past few years, it is still necessary to strive for breakthroughs in core technologies. Even if it cannot be fully equivalent to the United States in a short period of time, it can improve the effectiveness of the anti us neck sticking measures. The U.S. side listed Chinese enterprises, institutions and individuals on the entity list , generalized the concept of national security, abused export control measures, violated the basic norms of international relations, interfered in Chinas internal affairs, and harmed Chinas interests. On May 25, Zhao Lijian, a spokesman for the Chinese foreign ministry, said after the US announced the relevant decision that China urged the us to correct its mistakes, cancel the relevant decision and stop interfering in Chinas internal affairs. China will continue to take all necessary measures to safeguard the legitimate rights and interests of Chinese enterprises and safeguard national sovereignty, security and development interests. Extended reading of the U.S. Department of Commerce: since Friday, 33 Chinese institutions have been subject to restrictions. The U.S. entity list has been expanded. Several companies have said that there are relevant plans. The U.S. entity list has been expanded again. The A-share communication equipment sector has declined. Source: Global Times - Global network Author: Bai Yunyi, editor in charge: Wang Xiaowu_ NF

He also reminded that even if China has made great achievements in industrial manufacturing and commercial applications in the past few years, it is still necessary to strive for breakthroughs in core technologies. Even if it cannot be fully equivalent to the United States in a short period of time, it can improve the effectiveness of the anti us neck sticking measures.

The U.S. side listed Chinese enterprises, institutions and individuals on the entity list , generalized the concept of national security, abused export control measures, violated the basic norms of international relations, interfered in Chinas internal affairs, and harmed Chinas interests. On May 25, Zhao Lijian, a spokesman for the Chinese foreign ministry, said after the US announced the relevant decision that China urged the us to correct its mistakes, cancel the relevant decision and stop interfering in Chinas internal affairs. China will continue to take all necessary measures to safeguard the legitimate rights and interests of Chinese enterprises and safeguard national sovereignty, security and development interests.