President Donald Trump signed a memorandum on Friday (21) that guides the United States to restrict Chinese investments in strategic areas, according to a White House authority.
The national security memo aims to promote foreign investment and, at the same time, to protect US national security interests from threats represented by foreign opponents such as China, the authority said.
The Order says China is “exploring our capital and ingenuity to finance and modernize its military, intelligence and security operations, representing direct threats to the security of the United States.”
Second, the United States will establish new rules “to curb, like China, to ensure that only investments that meet US interests are allowed,” the authority said.
The authority also said the Trump government will consider new or expanded to US foreign investment in China in sensitive technologies, including semiconductors, artificial, quantum intelligence, biotechnology, aerospace and more.
The United States should stop, the Chinese Ministry of Commerce said in a statement on Saturday, adding that China would closely monitor the situation and take the necessary measures to defend its legitimate rights and interests.
Measures threaten to increase economic tensions with China after the president increased tariffs on Chinese imports as
The CFIUS, which analyzes the in search of risks to national security, has already supervised a sharp drop in Chinese investment in the United States.
According to Rhodium Group, Chinese annual investment fell from $ 46 billion in 2016 to less than $ 5 billion by 2022.
The order noted that foreign entities and individuals have about 43 million acres of agricultural land in the US, representing almost 2% of all land in the United States, the authority said.
China has over 350,000 acres of agricultural land in 27 states, the authority said.
Agricultural groups and legislators have expressed concerns in recent years that land purchases by investors and foreign countries are raising prices from agricultural land and threatening national security.
The White House employee also noted that Chinese hackers have repeatedly attacked US entities, including recently the violation of the Treasury Department Cfius office, the entity responsible for analyzing foreign investments for risks to national security.
The exit regime could expand an executive order, revealed in 2023 by the Biden government, to begin to ban some US investments in certain sensitive technologies in China and demand government notification from other investments.
