Evolution,Impact,and Responses to U.S.Restrictions on Technological Investments in China
With the escalating scrutiny of Chinese investments by the United States,the economic relationship between China and the U.S.is facing unprecedented challenges.Particularly,following the issuance of Executive Order 14105,the U.S.has further specified investment restrictions in key areas such as semiconductors and microe-lectronics,quantum information technologies,and artificial intelligence capabilities.This article comprehensively reviews the historical evolution of the U.S.investment review system concerning China,analyzes the underlying logic of the strategic competition between China and the U.S.,and extensively discusses the potential impacts of the new restrictive measures outlined in the executive order on Sino-U.S.relations and the global economic land-scape.Additionally,the article offers an assessment of the future trajectory of U.S.scrutiny of Chinese invest-ments.Despite the adverse impact of U.S.investment restrictions on China's technological development,China's core competitiveness in global technological competition and its vast market potential render the strategies of the U.S.and its allies unlikely to be fully effective.To actively respond to U.S.strategic containment in the techno-logical domain,China needs to adopt a series of measures,including higher levels of openness to the outside world,active participation in global rule-making,and strengthening international cooperation in technology.
Chinese investment scrutinyforeign direct investmentinvestment restrictionstechnological competition
NETL
NSTL
万方数据
