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国内英语新闻:Chinese investment, a real threat to U.S. national security?

2010-08-28来源:和谐英语
Another State-owned enterprise, Northwest Nonferrous International Investment Company, was also forced to withdraw a purchase of 51 percent stake in Firstgold Corp., a gold mining firm located near a U.S. military base in Nevada.

"Some U.S. politicians still see China through tinted glasses," said Chen Fengying, a senior strategist with the China Institute of Contemporary International Relations.

In their eyes, China is still a planned economy under a totalitarian regime, she said.

"As a result, they begin to politicize Chinese investment and make it become an issue of security even before Chinese companies carry out any business activities there," she said, "It is not fair for the Chinese enterprises," whose regular business behavior has been constantly mischaracterized.

Chen said that compared with the difficulties Chinese firms face in the United States, it is much easier for American companies to invest in China.

According to Ministry of Commerce officials, U.S. companies operating in China report annual profits of at least 80 billion U.S. dollars.

By last June, the total number of U.S. investment projects in China had exceeded 57,000 and the value of accumulated U.S. investment in China reached 61 billion dollars.

According to the American Chamber of Commerce in China's 2009 White Paper, about 74 percent of American businesses in China made profits and 91 percent chose to stay in China to expand their business.

On the other hand however, the total value of accumulated Chinese direct investment in the U.S. was only 3.1 billion dollars by last June, according to ministry statistics.

Chen said opening the American market wider to Chinese companies will definitely create many more job opportunities in the United States, a fact that U.S. politicians can't afford to ignore as the country is still haunted by an unemployment rate as high as 9.3 percent.

American politicians should abandon their bias and discrimination against Chinese enterprises and free themselves from the Cold War mentality, Chen said.

"After, solving the problem of unemployment could bring much more tangible benefits for the American people," she said.