Trump’s Possible China Trade Crackdown: ‘This is Not Time to Sour Relations’
SputnikNews.com
13.08.2017
The US president is considering an investigation into China’s alleged intellectual property theft. Radio Sputnik discussed the issue with Hong Kong-based investment and banking specialist Andrew Leung.
According to Leung, the main reason behind the US-Chinese dispute is the fact that China wants access to technologies, made by the companies Beijing has invested into.
“The accusation is that the Chinese state makes it a mandatory requirement to share technology with the invested technology firms from foreign countries. Of course if we share them, that means that intellectual property rights are transferred to Chinese competitors. And indeed that can be held to be a violation of WTO [World Trade Organization] rules,” Leung said.
US President Donald Trump may announce a probe into China’s alleged intellectual property theft on Monday after repeatedly accusing Beijing of “unfair” trade practices, Politico reported.
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