Blog | G5 Cyber Security

China’s Tech Policies May Lead to Trade Disputes, Report Warns

China’s goal to become a technology giant is being helped by government policies that may force businesses to transfer technical know-how. China’s government has set ambitious goals to create entire homegrown industries, especially in the tech area. U.S. Chamber of Commerce report warns that trade disputes may come of these policies. Chinese officials believe foreign companies “have been duplicitous and stingy” when it comes to technology transfers, report says. Chinese companies may see their own technology coming back at them globally in the hands of Chinese competitors.”]

Source: https://www.csoonline.com/article/2125666/china-s-tech-policies-may-lead-to-trade-disputes–report-warns.html

Exit mobile version