Chat with Xue: What is the impact of US investment restrictions on high-tech fields on Chinese companies?
It's better to be clear than to hold it up. For the relevant enterprises, this clear card will not bring negative effects. I'm on a business trip today, but there's one thing I need to share with you. The White House announced that Biden will restrict US capital investment in China's high-tech, chips, quantum information and artificial intelligence fields. Let's talk to everyone on the road.
First, I have always emphasized the four pillars of U.S. hegemony: finance, energy, high technology, and the military.
• Since late Obama and China entered the strategic game phase, the two sides have been competing around these four areas. The restrictions are mainly aimed at the high-tech sector.
I want to talk to you about why the United States continues to suppress China. The competition between China and the United States is not that China "wants to compete", but that the United States believes that this is a strategic game. The US president sees China as "the most important strategic competitor," which means "enemy."
The U.S. strategic crackdown on China began with trade and now also involves 5G. While the U.S. hasn't stopped China's development in 5G, it has now restricted investment in China in three areas. Everyone knows the end result. Under the trend of globalization, it is difficult for the "small circle" plan of the United States to succeed. In American political circles and business, there are also some sober people who call for an end to this practice.
The restrictions may come from a variety of pressures. Finally, I would like to discuss with you the impact of this restriction.
This is a good thing for Chinese companies. These restrictions have kept Chinese companies no longer in the shadows, but in the open. Next, companies can develop a clearer strategy and direction. It is also an opportunity for businesses that are not involved in these areas to run their business with confidence.
In short, fate is in your own hands.
