In a” China year” ahead of the US presidential election in November, Chinese leaders and state media criticize the US House of Representatives for passing at least 25 aggressive charges related to China.
The US House of Representatives passed the BioSecure Act on Monday by 306 to 81 vote to require National drug companies to stop doing business with five Chinese biotech firms until 2032, one of the costs.
The five corporations include BGI Genomics, MGI Tech, Complete Genomics, WuXi AppTec and Wuxi Biologics. They were accused of working with the People’s Liberation Army, but they refuted the accusations.
To be law, the BioSecure Act needs the name of US President Joe Biden and Senate approval.  ,
On Monday, the stock of some US-listed American pharmaceutical companies, including Laurus Labs, Syngene, and Piramal Pharma, increased 3-4 %.
In a media briefing on Tuesday, Mao Ning, a spokesperson for the Chinese Foreign Ministry, said that the US must leave intellectual discrimination, respect the principles of the business sector and business laws, stop supporting that bill, and prevent pursuing Chinese companies under different pretexts.  ,
” The US needs to provide a good, simply and non-discriminatory company environment for businesses of all places”, she said.  ,
She continued to support Chinese companies in upholding their individual rights and interests in accordance with the law and pledges to continue working to protect the valid and legitimate rights and interests of those same as they do.
The Taiwan Conflict Deterrence Act, which will give the US government the authority to reveal Chinese officials ‘ unlawful financial assets in the event that Beijing invades Taiwan, was passed by the House of Representatives on Monday.
‘ Anti-China week ‘ ,
Following the summer break, the US House of Representatives resumed regular discussions on Monday. This week, lawmakers were scheduled to examine a number of China-related costs during” China year.”  ,
Another suggested laws, besides the Taiwan Conflict Deterrence Act and the BioSecure Act, include:
- To end the three HKETOs in the US within 180 days under the Hong Kong Economic Trade Office ( HKETO ) Certification Act.
- Countering the CCP Drones Act ( to end DJI’s drone monopoly in the US and establish a US drone industry )
- Protect America’s Innovation and Economic Security from the Chinese Communist Party Act of 2024 ( to stop the Chinese government’s spy initiatives aimed at US educational institutions and intellectual property )
- The Confucius Institutes and Chinese Entities of Concern Act, which would impose restrictions on government funding on institutions of higher education that have a connection to a Confucius Institute, was passed under the Department of Homeland Security ( DHS) Restrictions on Confucius Institutes and Chinese Entities of Concern Act.
- The Foreign Adversaries Act protects British agriculture from foreign adversaries, which prohibits purchases of land by international adversaries that threaten national security.
- Close the 2024 Act to forbid Chinese companies from obtaining the US’s electric vehicle tax credit.
If passed, these bills” may cause severe interference to China-US relations and mutually valuable cooperation, and may eventually damage the United States ‘ personal interests, image and credibility”, Liu Pengyu, a spokesman of the Chinese Embassy in Washington said in a statement.
Liu referred to the legislation as “new McCarthyism” that predates the November US presidential election.
According to Li Donghai, director of the China Foreign Affairs University’s Center for American Studies, US President Joe Biden has consistently stressed stability in Sino-US relations throughout his term, but his administration is increasingly under the control of Republicans who support hawkish China policies.
According to Li, the so-called” China week,” which Republican lawmakers have promoted as an “anti-China week,” aims to alter Washington’s overall policy from allowing dialogue and cooperation with Beijing to spark conflict and conflict there.  ,
It’s not surprising that the US attempts to stifle China with Hong Kong and Taiwan issues, which are Washington’s main geopolitical tools in the New Cold War against China, says Tian Feilong, an associate professor at Beihang University.
Tian stated on Tuesday that the US tries to infiltrate and control Taiwan’s military, diplomatic, economic, and cultural systems from all angles.  ,
He argued that Beijing should be prepared to take countermeasures because the Taiwan Conflict Deterrence Act will give the US “legal grounds” and action instructions for ingratiating themselves in Taiwan matters.  ,
The HKETO Certificate Act’s passage will have a negative impact on Hong Kong’s international standing, trade, and economic rights, he said. The central government should also take actions to protect Hong Kong’s legitimate rights, while the government should prepare some countermeasures.
‘ Legal risks’ in Hong Kong
The Hong Kong government has set up 14 Hong Kong Economic Trade Offices around the world, including three in the US in Washington, New York and San Francisco.
Early in 2023, US lawmakers proposed the HKETO Certificate Act, which would require the US to shut down the three HKETOs.  ,
After the United Kingdom Police Force announced in May this year that three men, including one of the HKETO’s London executives, had been accused of violating national security for spies on exiled Hong Kong activists, the legislation has advanced even more quickly.  ,
Additionally, the Bureau of Industry and Security ( BIS ) of the US Commerce Department added 42 more Chinese and Hong Kong companies to its Entity List on August 23 and charged them with supporting the Russian defense-industrial base.  ,
US companies were notified of risks to their operations and activities in Hong Kong by the US departments of state, agriculture, commerce, homeland security, and the Treasury on September 6.  ,
According to the advisory, Hong Kong-based businesses are now facing potential legal, regulatory, operational, financial, and reputational risks as a result of the passage of the National Security Law in 2020 and the Safeguarding National Security Ordinance ( or Article 23 of the Basic Law ) in 2024.  ,
Additionally, it cautioned businesses operating in Hong Kong to abide by US sanctions. According to US law, violating US sanctions can lead to civil and criminal penalties.  ,
The Chinese Foreign Ministry stated that it is firmly opposed to and strongly condemns the US’s Hong Kong business advisory. After passing two national security laws, it claimed that Hong Kong enjoys better rule of law and a more favorable business environment.  ,
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