US President Joe Biden announced Wednesday that in an important move to protect national security, mainland China, Hong Kong and He signed an executive order that placed restrictions on American investments in Macau. The order, which targets high-tech sectors including artificial intelligence (AI), semiconductors and quantum technology, has drawn criticism from China.
Pursuant to the executive order, US individuals and organizations in the semiconductors and microelectronics, quantum information technology and artificial intelligence sectors They were prohibited from engaging in “certain transactions”. Such transactions were reported to the Undersecretariat of Treasury. President Biden also posed potential threats to U.S. national security. declared a national emergency in response to rapid technological developments in “countries concerned”.
The executive order ordered the U.S. Secretary of the Treasury to operate in semiconductors and microelectronics, quantum information technologies, and certain artificial intelligence systems. It allows it to impose restrictions on Chinese entities or outright ban American investments. This move reflects growing concerns about the strategic implications of sensitive technology transfer for potentially hostile nations.
The main purpose of the order is American capital and expertise inadvertently strengthening China’s military capabilities and undermining US national security. was to prevent. Private equity, venture capital, joint ventures and greenfield investments are targeted under this measure.
China quickly responded by expressing its “serious concern” over the executive order and asserting its right to take countermeasures. China’s Ministry of Commerce stated that the decision affected the international economic and commercial order by disrupting the normal business activities and decision-making processes of enterprises.
China on international economic cooperation negative While criticizing the order, citing its influence, advocates argued that the United States unauthorized use of critical technologies that could endanger security interests. They argue that action is necessary to prevent the acquisition of