Edit and translation: Jenny Ball
After Biden’s meeting with Xi Jinping, the US-China Economic and Security Council (USCC)for short issued an annual report, the content of which will play a pivotal role in the future of Sino-US relations; a professor at the Aiken School of Business, University of South Carolina In an interview with “True Words”, Dr. Xie Tian analyzed that: “The U.S.-China Economic and Security Committee is basically a cross-party. It is directly responsible to Congress for the interests of the American people and submits an annual report to Congress every year. Some economic and security results between the United States and CCP China are very valuable and very important.”
Xie Tian pointed out that the USCC was established in October 2000 after the US National Defense Authorization Act of 2001. It was a committee authorized by Congress to report directly to Congress and propose policies to the U.S. Congress. This is a bipartisan committee. The chairman and vice chairman of the committee are appointed by the leaders of the House of Representatives. The committee members are also appointed by both parties. The suggestions they put forward will be directly transformed into bills and laws passed by the U.S. Congress, which will be implemented by the U.S. government and the president.
“When it comes to Hong Kong issues, of course, everything is related to the CCP. ”Xie Tian said that for all issues and projects, the USCC has very professional research, and it invited researchers from various university research institutions in the United States, think tanks and policy committee researchers. They will open tenders for some research topics, invite researchers around the world to bid, and submit research reports within two or three months. They will hold hearings on the research reports in Congress inviting members of Congress and committee members to participate, and then make the highest-level policy recommendations, that is, the annual report. The report will introduce all aspects of economics, security and other issues between China and the United States, and will raise recommendations on very specific issues, which are to are very critical for the Congress decisions.
The U.S. concerns whether Hong Kong is heading towards totalitarian rule
“The HK government is becoming more and more authoritarian, which means it is becoming more and more authoritarian.” Xie Tian introduced that the annual report has five parts of the Congress’s policy or legislative recommendations. The last chapter 5 is the Hong Kong issue; this link may be more critical. The USCC requested the US Congress to amend the “Hong Kong Autonomy Act.” “Also add a sentence to say whether the Hong Kong government controlled by Beijing is infringing on the rights for Hong Kong people, especially the right for them to leave Hong Kong. This point particularly emphasizes whether the Hong Kong government deprived Hong Kong people from leaving Hong Kong.”
The report is concerned about whether HK can retain the status of an independent customs territory
Xie Tian also mentioned that the report requires Congress that there was Article 421 in the “U.S.-China Relations Act” in 2000, “that is, whether Hong Kong can retain an independent customs territory. Is Hong Kong fulfilling its role in world trade? It is a question of whether Hong Kong is fulfilling some of its promises to the WTO, or whether it fulfilled its promises. “
In particular, the CCP’s companies in Hong Kong have taken advantage of the special status of the Hong Kong Special Administrative Region to use Hong Kong as a transshipment place to evade the US tariffs. “because the United States has some tariffs on mainland China that are not for Hong Kong. In fact, it involves the real status of Hong Kong.”
If Hong Kong becomes a part of mainland China economically, the US will not treat Hong Kong as an independent tariff free port or customs zone. “US companies must consider whether they will stay in Hong Kong, because staying in Hong Kong means staying in CCP China, staying in Hong Kong is equivalent to investing in China. After all, do they still enjoy some of the free tarrif that the original enjoyed by Hong Kong.” If the Hong Kong government seems to be transformed into a totalitarian government, this means the status of HK is completely lost, and the US company may have to have other considerations.
The report also mentioned whether or not the Hong Kong judges can truly operate judicial independence. Xie Tian feels that they have begun to observe closely. If the US has sufficient evidence to show that Hong Kong’s courts or individual judges are indeed unable to independently enforce its laws, but obey Beijing or succumb to pressure from the Beijing government or the HK government, they will conclude that Hong Kong is independent Judicature no longer exists, which further proves that the HK government is moving towards an authoritarian system similar to that of the CCP, and it does not rule out that the sanctions will be imposed on these relevant judges.
If the CCP threatens economically, the U.S. must boycott
Xie Tian also analyzed the other 4 chapters in detail. Chapter 1 is on the global competition between China and the United States, which mentions the ambitions of the CCP over the past century since its founding and the challenges to the world. It now asks the committee to recommend that Congress hold some new hearings to allow the White House to participate in the establishment of an economic defense alliance against the CCP with the United States’ allies and partners.
The CCP wants to impose economic threats on every member of the alliance. Actions have to be taken, such as filing a formal complaint to the WTO, and retaliating against any coercion by the CCP. Among them, the Xinjiang issue is specifically mentioned, and any products produced from Xinjiang using forced labor must be boycotted.
The report also mentions the CCP’s influence in Latin America and the Caribbean. It requires the U.S. government to provide low-interest bank loans to Latin American countries for infrastructure construction to countering the CCP’s “One Belt, One Road” initiative, and in-depth research on the CCP’s so-called potential commercial methods and Military influence.
In the second part of the article, we will continue to see how to Prevent CCP from stealing U.S. technology and establish a blacklist of Chinese companies
Source of article: hk.epochtimes.com
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