Global Trade Rules Help China Compromise American Tech

https://mobile.nytimes.com/2017/08/02/business/china-trade-trump-technology.html

by tomdell • 9 years ago

2 1 9 years ago

mobile.nytimes.com

"Beijing has forced a long list of American companies to enter joint ventures or share research with Chinese players, part of a broader push to create its own technology giants. From makers of smartphones to chips to electric cars, American businesses have reluctantly agreed, fearful of losing access to China, which has the second-largest economy in the world.

...

But China can play a strong defense. The country has broad latitude, under special rules it negotiated with the World Trade Organization, to maintain restrictions within its market."

Yet when the president of China called for the US not to pursue protectionist policies, saying something along the lines of "we must work together in this global world", our journalists obediently parroted his words, without mentioning how extremely protectionist China is.

Global Trade Rules Help China Compromise American Tech

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