Monday, May 10

Biden administration plans changes to rules on Chinese companies

The government will sideline Trump’s policies aimed at excluding Chinese companies with ties to the Chinese military.

POLITICS. Biden could focus on the China / EFE issue soon

The Joe Biden administration is considering applying a series of changes to the regulations on Chinese companies established by the Donald Trump administration, as reported POLITICO.

The source cited a Justice Department lawyer, who pointed out that the Democratic government will put aside the Republican’s policies that were intended to exclude Chinese companies that have ties to that country’s military.

POLITICO indicated that Joseph Borson’s words came during the arguments of the District Court in DC amid a challenge with the Pentagon for imposing bans on Chinese companies affiliated with both the government and the communist army of that country.

Two companies listed on the US stock exchange filed a lawsuit against the US government. One of them has already won an exemption.

Borson assured that the second company would probably also be exempted, so the Biden administration is considering the possibility of reviewing the criteria established by the previous government.

Previous problems

The relationship between the United States and China reached a high point of conflict last March, when the Asian giant sanctioned a group of North American officials.

Secretary of State Antony Blinken criticized the actions of China, whose government applied sanctions against US officials, a fact that fuels tension between the two nations.

“Beijing’s attempts to intimidate and silence those who speak out for human rights and fundamental freedoms only contribute to the growing international scrutiny of the genocide and crimes against humanity underway in Xinjiang,” Blinken said in a statement. We stand in solidarity with Canada, the UK, the EU and other partners and allies around the world in calling on the People’s Republic of China to end human rights violations and abuses against predominantly Muslim Uighurs and members of other groups. ethnic and religious minorities in Xinjiang. and release the arbitrarily detained ”.

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