Tag: #Biden administration

GT Voice: US tech export controls backfire, drive companies into ‘death spiral’

Left Review Online August 21, 2024

GT Voice: US tech export controls backfire, drive companies into ‘death spiral’

The restrictions on US technology exports to China are encountering mounting opposition due to the growing financial losses of American companies and the burgeoning independent innovation capabilities of Chinese companies, ultimately ruling out the possibility of the US being able to force allies into alignment on further export...More

Containing China through an economic war is a terrible and naïve idea: Jeffrey Sachs

Global Times November 24, 2023

Containing China through an economic war is a terrible and naïve idea: Jeffrey Sachs

Editor's Note: The 30th APEC Economic Leaders' Meeting is underway in San Francisco. Chinese President Xi Jinping and US President Joe Biden will meet during the event, which has already attracted great attention from worldwide. Will it become a turning point of the China-US relationship? How will the...More

Protectionist US move of curbing tech investment in China set to fail as world’s No.2 economy races for self-reliance

Ma Jingjing November 01, 2023

Protectionist US move of curbing tech investment in China set to fail as world’s No.2 economy races for self-reliance

The Biden administration has doubled down on its persistent drive to "decouple" from China and hobble China's high-tech advance, as a US Congressional committee is reportedly targeting California-based venture capital investor Sequoia Capital as part of the government's efforts to block its investment into high-tech sectors in China....More

US urged to dump Trump tariffs on China, take substantive moves to maintain stabilizing ties

GT staff reporters September 18, 2023

US urged to dump Trump tariffs on China, take substantive moves to maintain stabilizing ties

Following several high-level US official visits to China over the past few months, bilateral ties that were at the lowest ebb started to thaw and show signs of stabilizing. The Biden administration, however, should show sincerity by taking substantive moves to maintain the hard-won atmosphere instead of coercing...More

‘Small yard and high fence’ harms US credibility, business; Chinese firms to ‘break through US sci-tech blockade’

Wang Qi and Xiong Xinyi September 09, 2023

‘Small yard and high fence’ harms US credibility, business; Chinese firms to ‘break through US sci-tech blockade’

After having wrapped up a four-day high-stakes visit to China which she described as "successful and productive," US Commerce Secretary Gina Raimondo on Sunday (local time) pointed the finger at China's business environment, talked down China's economy and defended US chip export restrictions on China during interviews with...More