The United States prevents a Chinese company from owning land near an air base in Wyoming that houses nuclear missiles.
She said United State A Chinese cryptocurrency mining company operating near an Air Force base in Wyoming could pose a threat to national security, and the company was ordered to exit the facility.
The move was taken in coordination with the US Committee on Foreign Investment in the United States, a government agency charged with investigating corporate deals for national security concerns and which has the authority to compel foreign companies to abide by its decisions.
The United States expels a Chinese company
The US President issued Joe Biden An order prohibits a Chinese government-backed cryptocurrency mining company from owning land near a nuclear missile base in Wyoming.
The order requires divestment from property that operated as a cryptocurrency mining facility near the Francis E. Warren Air Force, and also forces the removal of some equipment owned by Mine One Partners Ltd, a company partly owned by the Chinese state.
American national security and its relationship to decision-making
And he said White House, in a statement, said Mine One Partners Ltd and its units and affiliates “may take actions that threaten to weaken the national security” of the United States.
The company must dispose of the properties it purchased in 2022, which are located near the base that includes the F.E. Warren Air Force Base, according to the US Treasury Department, which includes a US nuclear missile base.
Equipment that may facilitate surveillance and espionage activities
The order was vague about the specific national security concerns, with the Treasury Department saying only that there were issues with “specialized, foreign-sourced equipment potentially capable of facilitating surveillance and espionage activities” that “poses a significant national security risk.”
She saidUS Secretary of the TreasuryJanet Yellen, who serves as chair of the Committee on Foreign Investment in the United States, said that the committee’s role is “to ensure that foreign investment does not undermine our national security, particularly with respect to transactions that pose a risk to sensitive U.S. military facilities, as well as those involving equipment.” and specialized techniques.
A 2018 law gave the Committee on Foreign Investment in the United States the authority to review real estate transactions near sensitive sites throughout the United States, including the F.E. Warren Air Force Base.
Expectations of large customs tariffs on Chinese products
This comes as the United States is scheduled to issue significant new tariffs on Tuesday on electric vehicles, semiconductors, solar energy equipment, and medical supplies imported from China, according to a US official who told Bloomberg and another person familiar with the plan.
