Information technology chinese regulations require

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information technology, Chinese regulations require that the Chinese enterprise maintain the controlling interest in the joint venture. Forced technology transfers occur through discriminatory licensing restrictions under the Chinese technology import - export regulations. Chinese companies are able to free ride on their US counterparts research and development in virtually any imported technology transfer arrangement. The Chinese Government directs and unfairly facilitates the systematic investment in and acquisition of, US companies and assets by Chinese companies, as a means of obtaining intellectual property and generating large scale technology transfer in industries deemed important by state industrial plans. The Made in China, 2025’ programme blunts US in- novation and corrodes its distinct competitive advantage. Over a decade, the Chinese Government has conducted and supported cyber intrusions into US commercial networks targeting confidential business information held by US firms. Through these cyber intrusions, Beijing has gained unauthorised access to a wide range of commercially valuable business information, including trade secrets, technical data, negotiating positions and sensitive and proprietary internal communica- tions. 7 The office of the US Trade Representative said that the tariff targets were developed using a computer algorithm designed to choose products that would inflict maximum pain on Chinese exporters, but limit the damage to the US consumers. The tariff list proposed by the US focused on technology parts and components — such as printed circuit assemblies, transistors and semiconductor devices — instead of finished goods like mobile phones or computers. That meant the US consumers may not experience a significant rise in the price of imported electronics goods from China. When it came to technology, both the US and the Chinese markets were incredibly intertwined and that meant the countries could not walk away from each other. 8 Adverse Effect on US Business Interests The tariffs could backfire because they could make it harder for American companies to sell goods overseas if other nations retaliate. A number of US agriculture firms have warned that they could be caught in the middle of a trade 7. Roncevert Ganan Almond, Ring of Fire: Tremors and Eruptions in the US - China Trade War ”, The Diplomat, April 12, 2018, available at: - of - fire - tremors - and - eruptions - in - the - u - s - china - trade - war/ 8. Saheli Roy Choudhury, Why China Could Get Hurt More From a Trade War in the Tech Sector, April 5, 2018, available at: - china - trade - war - tech - sector - impact.html? __source=sharebar|facebook& - opinions/trump - is - right - chinas - a - trade - cheat/2018/ 04/05/6cd69054 - 390f - 11e8 - 8fd2 - 49fe3c675a89_story.html?utm_term =.ce8996b7fbfc\
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US - CHINA Trade War: Analyses of Deeper Nuances and Wider Implications 13 war, particularly if Trump follows through on threats against China and Mexico.
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