USA and China
The United States new Administration ignited a trend with a more focused approach on China strategic plans to develop a technological edge over the USA.
To respond to Beijing’s challenge, the Administration has adopted a competitive approach to the PRC, based on a clear-eyed assessment of the CCP’s intentions and actions, a reappraisal of the United States’ many strategic advantages and shortfalls, and a tolerance of greater bilateral friction.
The U.S. Government goal is to protect United States vital national interests, as articulated in the four pillars of the 2017 National Security Strategy of the United States of America (NSS). We aim to: (1) protect the American people, homeland, and way of life; (2) promote American prosperity; (3) preserve peace through strength; and (4) advance American influence.
The PRC today poses numerous challenges to United States national interests.
It includes economic, financial, american core values as unalienable right of every person to life, liberty, and the pursuit of happiness, Security.
President Trump has issued a new Executive Order 13936 which signs the Hong Kong Autonomy Act into law.
The E.O. authorises sanctions (asset freezing measures and a travel ban) to be imposed on people or entities involved in coercing / arresting / detaining / imprisoning individuals under the authority of the Hong Kong national security law, or involved in its adoption/implementation.
The E.O. also provides for sanctions on those determined to be responsible for/complicit in undermining democratic processes, or activities that threaten the peace, stability or autonomy of Hong Kong, including censorship, limiting the freedom of expression and human rights abuses.
The E.O. also declares that Hong Kong “is no longer sufficiently autonomous to justify differential treatment” in relation to China, and orders the suspension of Hong Kong’s special economic status. The White House press briefing reiterates that exports of sensitive technologies will be prohibited in the same manner that applies to China.
China is perceived as the main new challenge/ threat due to the world dominance seeking attitude.
We will boost all initiatives to promote the culture of Export Compliance as essential to do business “playing by the rules” to improve international relationships and security.
EIFEC Office in Washington D.C and in Hong Kong assist operators and institutions to keep up to date any compliance determination.