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The China responded to the last provocation U.S, alerting all foreign companies that intend to do business in the Asian nation.
There is no sign of easing the tension between the two economic superpowers, amid a trade war that now dominates on several fronts. Such as digital and the related national security threat that social media platforms can pose.
Triumph has announced that it will ban Wechat me Tik Tok Dai from Sunday, September 20, a measure that will prevent Americans from downloading Chinese-owned platforms.
Response from Beijing It was not long in coming: a new mechanism of the Dragon is arriving to control – and prohibit – the activities of foreign companies in its territory. Everything, in defense of national sovereignty.
the U.S they are the first recipients of this latest wave of retaliation. Foreign trade, however, runs the risk of being involved. What happens?
China vs. US and beyond: the news
China’s Ministry of Commerce has issued threatening new rules on business activity in its home territory, saying it will target foreign companies and individuals that endanger China’s sovereignty and security.
After the president’s administration last year Donald trump imposed additional tariffs on Chinese products and stopped Huawei, the Dragon promised to draw up a list designed to punish foreign companies, mainly the United States, considered harmful to Chinese interests.
The as-yet undisclosed list will be aimed at those who violate normal market transactions in China, disrupt agreements or adopt discriminatory measures against Chinese companies: these are the first indications of the ministry reported by Reuters.
The official purpose of this move was justified as follows:
“Safeguard national sovereignty, security and development interests, maintain a fair and free international economic and commercial order, and protect rights and rights legitimate interests of Chinese companies, from other organizations or people “
The authorities will establish a working mechanism and a specific office to implement the decision. China will prohibit foreign companies listed as “untrustworthy entities” from participating in imports, exports and investments.
The unofficial goal, even without too much veil, is to ban American companies and damage their trade. In the viewfinder, according to this approach, all external activities are in any case, with possible repercussions also in other countries.
Trump and the harassment of China
Trump’s anti-China strategy has tightened in recent weeks, also in light of the presidential vote in November.
Several times the current president of the United States has said that a victory for Biden will mean the triumph of the enemy of china for the American nation. His intention, on the other hand, is to defend American interests above all against the harassment of Beijing.
The weather turned hotter than ever this September. Tik Tok, digital, homework, pandemic: all the knots of discord between the two superpowers are back to settle without solution on the horizon.
China did not hesitate to accuse bullying Trump on several occasions, showing that he does not want to withdraw at all in the face of his threats.
After the WTO declared some of the tariffs imposed by the United States on China illegal, the trade talks themselves were seen to recede.
What will happen on the international stage? All the foci of analysts and economists remain in China and the United States, as well as in the US presidential elections.