US Strengthening of containment on China… South Korea also startled by fears of sparks flying

China unveils advanced products as if to show off,
U.S. expanding regulatory measures in response,

If exclusion of Chinese technology increases,
Korea inevitably at risk of damage

Encourage participation of allied countries, “The U.S. is spreading defensive measures against China’s ‘tech hubris’. Even “, regulations on advanced products incorporating Chinese technology are being implemented, raising concerns that Korea may suffer unexpected losses.,
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, “Biden considering response to Chinese tsunami”,

Image unrelated to specific expressions in the article. [Image source=Getty Images Bank],
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, “According to The New York Times (NYT) on the 8th (local time), the Biden administration is considering raising tariffs in response to the influx of Chinese products. NYT reported, “President Biden’s aides are concerned about signs of China’s excessive production and low-cost export campaigns already evident in Europe.””,
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, “China is driving its growth by producing competitive products in industries such as automobiles, solar panels, lithium batteries, and steel far beyond its domestic demand, thanks to pouring massive subsidies including state-owned bank loans. “,
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, “The U.S. sees the tsunami of Chinese products as a threat to its own companies that have been nurtured through the Inflate Reduction Act (IRA). NYT reported, “Authorities in the Biden administration are closely monitoring the production and pricing information of Chinese products and seeking to block or reduce the import of products receiving Chinese government subsidies.” They are considering raising tariffs on some strategically important industries.”,
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, “The U.S. has begun tightening pressure to counter China, which boldly releases advanced products despite regulations. “, The U.S. Commerce Department recently canceled export licenses for companies like Qualcomm and Intel that export semiconductors for laptops and communication devices to Huawei, a Chinese company. Controversy spread within the political circles last month when it was revealed that Huawei’s first AI laptop, the ‘MateBook X Pro,’ was equipped with Intel’s new Core Ultra 9 processor., ” The U.S. Commerce Department is considering setting up barriers to prevent China’s access to advanced AI software like ChatGPT.”,
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, U.S. Commerce Department “May regulate Chinese connected cars”,

Lemondo, U.S. Secretary of Commerce. [Image source=Yonhap News],
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, “Secretary of Commerce Gina Lemondo said in a foreign media interview released that day, “We may even ban Chinese connected vehicles in an extreme way.” Lemondo at a House appropriations subcommittee hearing that day stated, “It is worrisome that Chinese connected cars can collect vast amounts of data on who the Americans are, what conversations they are having, where they are going, and their driving patterns within the vehicles.””, President Joe Biden in February, ” warned that using technology from the ‘adversary’ China could pose security threats such as hacking and data leakage, and instructed the Commerce Department to investigate Chinese connected vehicles.”,
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, “There is speculation that regulations may also be imposed on connected vehicles sold in the U.S. that use Chinese technology. In this case, it is inevitable that the Korean automotive industry will also be impacted. This is because completely excluding China from the global automotive supply chain is difficult. The Korean government expressed concerns in a statement submitted to the U.S. Commerce Department on the 30th of last month, stating that “, the wide scope of investigation into the connected vehicle supply chain, the uncertainty surrounding potential regulatory targets, and the timing of implementation could all impose a significant burden on the industry.,
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, “The U.S. Treasury Department is reportedly set to finalize regulations on investment in China by the end of this year. It is expected to include provisions that U.S. capital cannot invest in advanced Chinese companies.”,
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, U.S. Encourages Allies’ Participation ,
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, “To counteract China, the Biden administration is emphasizing cooperation with the European Union (EU) and allied countries. They are also seeking cooperation from developing countries. Brian Deese, who served as chairman of the National Economic Council (NEC) in the Biden administration, stated, “Developing countries that have recently begun to resist China’s trade practices, such as Brazil and India, should also be included in the response.””,
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