U.S. politicians' national security paranoia intensifies
Cartoon by Ma Hongliang
Two U.S. congressional committees recently sent a letter to Swiss engineering giant ABB, citing "security threats and risks." They requested the company clarify its business dealings with Chinese state-owned enterprises amid its collaborations with U.S. government agencies. The letter specifically referenced ABB's software and technology in cranes manufactured by Shanghai Zhenhua Heavy Industries (ZPMC) and installed at U.S. seaports.
National security paranoia among U.S. politicians appears to be intensifying, revealing an underlying intent to hinder China's development. From their perspective, products like cranes and electric vehicle batteries made in China are "risks" and "threats," despite the lack of concrete evidence.
While U.S. politicians often discuss the importance of fair competition and rules, their actions frequently contradict these principles, emphasizing an "America first" policy. The U.S. should stop abusing state power to restrict the development of foreign enterprises. Washington ought to maintain a trade environment that supports fair competition and offers a fair, just, and non-discriminatory business landscape for companies from all countries.
Related articles
This Week: Home sales, Fed meeting minutes and consumer sentiment index
A look at some of the key business events and economic indicators upcoming this weekSPOTLIGHT ON HOU2024-05-21- LOS ANGELES (AP) — Prospective homebuyers are facing higher costs to finance a home with the average2024-05-21
- The long-rumored video produced by the New York Knicks in 2010 to entice LeBron James to sign in the2024-05-21
The Arizona Coyotes are officially headed to Salt Lake City
TEMPE, Ariz. (AP) — The Arizona Coyotes are officially headed to Salt Lake City.The NHL Board of Gov2024-05-21Ship that caused Baltimore bridge collapse has been refloated
BALTIMORE (AP) — The container ship that caused the deadly collapse of Baltimore’s Francis Scott Key2024-05-21A homeless man is reunited with his family after 13 years thanks to a Ford Mustang and a viral clip
The power of social media has reunited a homeless man with his family in Mexico after 13 years.The h2024-05-21
atest comment