After Biden took office last year, domestic public opinion generally believed that Sino-US relations would be greatly eased.

However, six months later, Biden has become even more ruthless than Trump on certain policies towards China.

1 On June 3, local time, U.S. President Biden signed an executive order on the grounds of "responding to the threat from China's military industrial enterprises" and included 59 Chinese companies, including Huawei and SMIC, on the investment "blacklist" (Brother Bao put the list

placed at the end of the article), prohibiting Americans from investing in these Chinese companies.

The order will take effect at 12:01 a.m. Eastern Time on August 2, and investors will have 12 months to conduct divestment transactions to divest their holdings.

Although there are no clear regulations requiring U.S. investors to sell the securities of these 59 companies, according to the regulations, they will not be able to sell the securities they hold after the expiration of one year.

Last year, in order to suppress China, Trump blacklisted 48 Chinese companies and prohibited U.S. investors from investing in companies owned or controlled by the Chinese military. The purpose was to prevent U.S. investment companies, pension funds and other institutions from buying and selling these Chinese companies.

Corporate stock.

After Biden became the new president, he has not implemented this policy. Domestic public opinion once thought that this matter might go away.

As Biden secures his position as president, instead of terminating this policy, it has intensified it compared to the Trump period. On the Trump administration's list, 11 new companies, including AVIC Electronic Measurement Instruments and Jiangxi Hongdu Aviation Industry, have been added.

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After Trump released this list last year, companies such as China Mobile and China Telecom had no choice but to delist from the United States.

However, some Chinese companies protested against this smear policy. Among them, Chinese companies including Xiaomi and Luokung Technology immediately filed lawsuits. The final result was that both Xiaomi and Luokung Technology won the ruling of exemption from sanctions, and Xiaomi was even removed from the blacklist.

The list triggered a carnival among domestic investors.

However, it may be that Xiaomi's successful challenge to Trump's order completely "angered" the tyrannical Americans and gave the Biden administration a taste of failure." The Biden administration believes it is necessary to revise this investment ban to ensure that it

Legal rationality and long-term sustainability. Some foreign media even predict that the US Treasury Department will update this list on a "rolling" basis, and it is expected that more Chinese companies will be included in the next few months.

"Blacklist". This kind of behavior by the United States is harmful to others and affects all parties. At a time when countries around the world are struggling to fight the epidemic and the world economy is struggling, the United States is practicing protectionism, unilateralism, and bullying.

This is an extremely irresponsible behavior and is not the behavior of a world's largest country. So far, apart from accusations and protests, China has not taken any other measures to fight back. 2 Last year, Biden and

When Trump was running for president, he once showed hope for easing Sino-US relations. Judging from the current half-year performance of Biden, he has even shown that Biden may be more difficult to mess with than Trump.

On the surface, Trump seems to be aggressive and makes enemies everywhere, especially the Sino-US trade conflict, which has brought Sino-US relations to a freezing point in recent years. In fact, Trump is still a businessman at heart, although he continues to stir up troubles and engage in high-pressure coercion.

, but his purpose is still very simple: to reach an agreement between China and the United States, not to close the door. Many of his methods are based on profit-seeking, so there is naturally room for negotiation, so any conflict can turn around.

But Biden is different. He is from the Democratic Party of the United States, and his foreign policy has always been about politics being more important than economic interests. Trump will not turn a blind eye to the damage to the interests of domestic interest groups, but Biden will definitely not be political.

In addition, in the economic field, Biden believes more in market economy and hates excessive government intervention in the market. We all know that the biggest conflict between China and the United States is the conflict of values ??caused by the different nature of China.

In the eyes of Americans, it has seriously threatened its status as the world's number one. In particular, China's success in fighting the epidemic has proved to the world the superiority of China's social system, which has caused great doubts about the export of American values.

Unlike economic conflicts, political conflicts cannot be compromised through consultation and negotiation. In addition, Biden has another purpose hidden behind this matter. The Group of Seven (G7) summit will be held in the UK this month.

The intention of signing this document on the eve of the G7 summit is already clear. It aims to tell its allies that the United States is sparing no effort and firm in dealing with China's economic and technological development. The United States has taken substantive measures. Other allies

We should also come up with the "letter of nomination" for the G7 summit. It is foreseeable that this month's G7 may be "bloody" for China, and all kinds of groundless accusations and political remarks may appear, and even some substantive ones may appear.

means.