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China has called on the United States to halt its “unreasonable suppression” of Chinese companies following U.S. proposals to ban Chinese software and hardware in vehicles over national security concerns. The Chinese commerce ministry criticized the move as lacking factual basis and being protectionist in nature. The proposed regulation by the U.S. Commerce Department would require the removal of Chinese software and hardware from connected vehicles in the U.S., affecting the global automotive industry supply chain and disrupting cooperation between the two countries. The potential ban on Chinese cars and trucks in the U.S. market stems from concerns about data collection and foreign manipulation. This development marks a significant escalation in U.S. restrictions on Chinese vehicles, software, and components, amid ongoing tensions between the two nations over national security issues. China has urged the U.S. to revoke these restrictive measures promptly.
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Emma Collins, graduated in Financial Economics from the University of Chicago in the USA in 2016. She has since worked at an asset management firm in New York, where she specializes in investment strategies and portfolio management. Emma has a keen interest in financial analysis and has published several articles in renowned financial journals. Her work focuses on providing actionable insights to investors, and she is known for her forward-thinking approach to managing financial portfolios.
