Commentary
Washington is intensifying restrictions on U.S. investments in China and Chinese investments in the United States. One of the primary reasons for these restrictions is China’s aggressive policy called military-civil fusion (MCF). Beijing depends on MCF to expedite China’s development of advanced technology and weapons through the cooperation of private companies and government entities.
According to a 2021 U.S. Department of State report on China’s MCF program, which Chinese leader Xi Jinping is expected to expand in his third term, “joint research institutions, academia, and private firms are all being exploited to build the PLA’s future military systems—often without their knowledge or consent.”…