According to the journal, US politicians want to limit US engagement in the PRC economy's technology sector.
The program was panned by the American-Chinese business community, which described it as "unique in the whole 250-year history of the United States." The group cautioned that enacting such rules would create market uncertainty and undermine the US's competitiveness.
China's efforts, according to US Defense Secretary Lloyd Austin, "threaten to undermine security, stability, and prosperity in the Indo-Pacific." He stated that the United States is committed to a one-China policy and that the status quo in the Taiwan Strait would be maintained.
source: wsj.com
The program was panned by the American-Chinese business community, which described it as "unique in the whole 250-year history of the United States." The group cautioned that enacting such rules would create market uncertainty and undermine the US's competitiveness.
China's efforts, according to US Defense Secretary Lloyd Austin, "threaten to undermine security, stability, and prosperity in the Indo-Pacific." He stated that the United States is committed to a one-China policy and that the status quo in the Taiwan Strait would be maintained.
source: wsj.com