The Chinese regime is changing its priorities, emphasizing national security and competition with the United States, to the detriment of economic growth. Recently, Beijing has imposed restrictions on Chinese companies wishing to invest abroad or collaborate with external partners in sensitive areas, justifying these measures by citing increased geopolitical risks.
A notable example is the case of the artificial intelligence company Manus, which, despite moving to Singapore, was prevented by Chinese authorities from being acquired by Meta for national security reasons. This approach contradicts the model of the last few decades, when China attracted foreign investments, becoming a global manufacturing hub. Additionally, Beijing has adopted measures against foreign companies that reduce collaboration with Chinese suppliers, in the context of deteriorating relations with the West. Rivalry with the US is prompting China to strengthen its control over technologies and strategic companies.
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