Skip to content
Advertisements

China caution US amid investigating foreign firms transfer technology

Trump ordered U.S. trade officials in August to investigate whether Beijing uses market access restrictions or other tools to compel foreign companies to hand over technology. A decision is expected as early as this month, though American officials have set no date.

“If the United States insists on unilateral and protectionist practices that will undermine the interests of China, we will take all necessary measures and resolutely safeguard the legitimate rights and interests of China,” Gao said at a regular briefing.

If the investigation concludes Beijing acted improperly, Washington could seek remedies either through the WTO or outside of it.

The United States is disrupting the international trading order by carrying out the “Section 301” investigation under its own laws instead of through the World Trade Organization, said Commerce Ministry spokesman Gao Feng

Image result for US CHINA trade deals firms tech transfer

Advertisements

1 Comment »

  1. If the investigation concludes Beijing acted improperly, Washington could seek remedies either through the WTO or outside of it.

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: