June 21, 2024


The president of the US, Joe Biden, has declared a nationwide emergency because of the doable use of Synthetic Intelligence (AI), semiconductors and quantum computing by China to threaten the nationwide safety of the nation, for which he has introduced restrictions and even prohibitions on transactions with any such firm.

“I imagine that the international locations in query (referring to China) are engaged in a broad and lengthy technique that directs, facilitates or helps advances in delicate applied sciences and merchandise which can be vital to the navy, intelligence, surveillance or cyber capabilities of the remainder of the world. international locations,” the president mentioned in a White Home assertion.

“What’s extra, these international locations take away the limitations between the civil and business sectors with the economic and navy protection sectors, not solely by means of analysis and growth, however by means of the acquisition and diversion of the world’s cutting-edge applied sciences with with a purpose to obtain navy dominance,” Biden added.

On this sense, he defined that the “speedy progress” within the subject of semiconductors, microelectronics, AI and quantum data applied sciences permit China to enhance its capacity to “threaten” the nationwide safety of the US, since they’d permit the creation of latest and complicated weapons to destroy cryptographic codes and different kinds of purposes that might give them a navy benefit, and whose growth they handle to use due to sure US investments.

That’s the reason it has introduced critical restrictions on commerce and funding in China or associated to its firms that develop the aforementioned applied sciences, laws that can undergo making transactions reportable and even prohibiting them.

The USA Secretary of the Treasury, Janet Yellen, should talk about the measures with Congress, with the Division of Commerce, the Division of State, Vitality or with the Intelligence providers to make particular these laws, which should be offered subsequent yr.

China, for its half, has expressed its “dissatisfaction” with the restrictions introduced by Biden, which it has described as “financial coercion” and “technological harassment.”

“Beneath the pretext of nationwide safety, the US restricts the funding of American firms in China and engages in pan-security and pan-politicization. Its true function is to deprive China of its proper to growth and safeguard its personal hegemony and self-interest. “A spokesman for the Chinese language International Ministry mentioned at a press convention.

“That is pure financial coercion and technological bullying. The US measure has critically violated the rules of market financial system and truthful competitors, has critically disturbed the worldwide financial and commerce order, has critically disturbed the steadiness of business chains and world provides and has critically broken the pursuits of China, the US and the world’s firms,” the spokesperson added.

As well as, China has urged the US to cease politicizing and instrumentalizing financial issues, and to “instantly” revoke these “flawed” selections, because it has opined that financial and commerce cooperation between the 2 international locations is mutually helpful.

Relations between Washington and Beijing have deteriorated in current months attributable to commerce frictions and worldwide alliances that separate them, and ended up first derailing in August final yr, with the go to to Taiwan of the then president of the decrease home of the US Congress, Nancy Pelosi, and in February of this yr with the demolition by the US Military of an alleged Chinese language spy balloon — a meteorological probe, in line with Beijing.