US cold war thinking hinders Chinese investment (2)

Political factors main obstacles

Compared with the rapid growth of Chinese investment in Europe, the increase in the U.S. is not satisfactory. Political factors have become the main obstacles to Chinese investment in the U.S.

Rhodium report shows the so-called national security concerns have become a major challenge to Chinese investors in the U.S. universities. Chinese telecom equipment manufacturers and energy sectors' attempts to expand the U.S. market made little progress due to the security evaluation and check by the Committee on Foreign Investment in the United States (CFIUS).

Recently, the U.S. has repeatedly put up obstacles to Chinese investment.

For example, under the excuse of posing a potential national-security threat, the U.S. prevented Huawei Technology Co. and ZTE Corp from entering its telecom market and Sany Heavy Industry Co. from investing its wind power project worth 3 billion yuan.

Cold War thinking to hurt the U.S.

Actually, with the increasing China- U.S. trade interdependence, trade disputes are also rising. Using the traditional means, the U.S. has difficulty to refuse Chinese companies to enter its market, so political factors have become the last barrier to hinder Chinese investment.

Bai Ming said the U.S. blocking Chinese investment in many sectors is out of political factors. The practice of Cold War mentality in economic areas will hurt both China and the U.S. China-U.S. trade relations should be mutual complementary; the U.S. should make use of its advantage in high-tech areas, rather than limit exports of its high-tech products to China.

However, what the U.S. did will not hinder China's development and Chinese firms will turn to invest in Europe, and undoubtedly it will hurt the U.S. itself.