7Columnist Gordon Chang warns that the United States must take decisive action against Chinese-owned companies to safeguard national and economic security. He cites the Dutch government’s recent takeover of Chinese-owned chipmaker Nexperia as a model for Washington to follow, arguing that Beijing uses its foreign investments to gain control over critical technologies. According to Bloomberg, China has offered to invest at least $1 trillion in the U.S., but only if Washington eases scrutiny of Chinese investments and grants tariff exemptions for imported materials. Chang argues this proposal is a strategic ploy by Beijing to weaken U.S. export controls and expand its influence.
Chang contends that accepting Chinese investment would jeopardize American sovereignty and technology leadership.