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Criticize China for using the new version of the "anti-espionage law" to supervise and suppress Western companies

[Compile Lu Yongshan/Comprehensive Report] According to Bloomberg reports, Suzanne Clark, president of the US Chamber of Commerce (US Chamber of Commerce), the largest corporate lobbying group in the United States, expressed support for the Biden administration to take targeted and responsible measures against China to limit China acquires sensitive technology that could endanger U.S. national security, but cautions against viewing all interactions between the U.S. and China as a threat.

Clarke said in a speech in Washington on the 10th: "There are still a lot of business opportunities that we can participate in and get rich results; but perhaps most important, I can't stress it enough: If we will every Treating economic interactions as risks loses focus on those factors that really pose a threat."

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As tensions rise between the world's two largest economies, the Biden administration and the U.S. Congress are taking a series of steps to limit China's power ambitions and inappropriate business practices.

It is clear that the two parties have created opportunities for small businesses in the United States through many transactions

While the U.S. Chamber of Commerce supports various actions by the administration to strengthen U.S. national security, including export controls, technology restrictions and scrutiny of foreign investment, many of the deals between the U.S. and China create opportunities for U.S. small businesses and raise the stakes, Clark said. standard of living for millions of people.

The Biden administration has repeatedly stressed that it is not seeking a long-term rupture or decoupling between the two major economies of the United States and China; national security adviser Sullivan said last month that the Biden administration is committed to de-risking, not to Beijing decouples.

In his speech, Clark reiterated the U.S. Chamber of Commerce's misgivings about China's use of the new version of the "anti-espionage law" to suppress consulting firms and Western accounting firms. Clark emphasized that these moves have increased risks and uncertainties in the market.

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