{"id":11535,"date":"2023-08-24T16:42:03","date_gmt":"2023-08-24T16:42:03","guid":{"rendered":"http:\/\/lonecandle.com\/?p=11535"},"modified":"2023-08-24T16:42:03","modified_gmt":"2023-08-24T16:42:03","slug":"biden-escalates-trade-war-with-china","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=11535","title":{"rendered":"Biden Escalates Trade War With China"},"content":{"rendered":"\n<p>\n\n&#8220;Biden declared a new national emergency and immediately used it as the justification for creating a new screening system that will limit Americans&#8217; ability to invest overseas.<\/p>\n\n\n\n<p>The new rules, which have been in development since last year, will prohibit private equity and venture capital firms from investing in China-based businesses working in a variety of high-tech fields&#8221;<\/p>\n\n\n\n<p>&#8230;<\/p>\n\n\n\n<p>&#8220;Narrow or not, this is the first time that the U.S. government has targeted outgoing investments in such a manner.&#8221;<\/p>\n\n\n\n<p>&#8230;<\/p>\n\n\n\n<p>&#8220;There are only two other countries\u2014South Korea and Taiwan\u2014that have outbound investment screening systems&#8221;<\/p>\n\n\n\n<figure class=\"wp-block-embed-wordpress wp-block-embed is-type-wp-embed is-provider-reason-com\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"9ZlkvRBJgP\"><a href=\"https:\/\/reason.com\/2023\/08\/09\/biden-escalates-trade-war-with-china\/\">Biden Escalates Trade War With China<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Biden Escalates Trade War With China&#8221; &#8212; Reason.com\" src=\"https:\/\/reason.com\/2023\/08\/09\/biden-escalates-trade-war-with-china\/embed\/#?secret=IYuF4Hs8nh#?secret=9ZlkvRBJgP\" data-secret=\"9ZlkvRBJgP\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Biden declared a new national emergency and immediately used it as the justification for creating a new screening system that will limit Americans&#8217; ability to invest overseas.<br \/>\nThe new rules, which have been in development since last year, will prohibit private equity and venture capital firms from investing in China-based businesses working in a variety of high-tech fields&#8221;<\/p>\n<p>&#8230;<\/p>\n<p>&#8220;Narrow or not, this is the first time that the U.S. government has targeted outgoing investments in such a manner.&#8221;<\/p>\n<p>&#8230;<\/p>\n<p>&#8220;There are only two other countries\u2014South Korea and Taiwan\u2014that have outbound investment screening systems&#8221;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[89,217,165,272,355,314,780,226,227,619],"class_list":["post-11535","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-china","tag-economics","tag-economy","tag-foreign-affairs","tag-foreign-policy","tag-international-relations","tag-joe-biden","tag-trade","tag-trade-war","tag-united-states"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/11535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11535"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/11535\/revisions"}],"predecessor-version":[{"id":11536,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/11535\/revisions\/11536"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}