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US tech claims biased and baseless

By Zhang Qi and Luo Yuze | China Daily | Updated: 2018-07-17 06:58

After the White House website published a report on June 19, accusing China of resorting to "economic aggression", "economic coercion" and "technology theft", the United States has used the ever-intensifying trade conflict to launch a "targeted attack" against China.

But groundless verbal accusations can never resolve trade disputes between any two countries, let alone between China and the US. They can be settled only through objective and rational analysis of the causes followed by sincere negotiations.

Many economies, especially newcomers to globalization, have used (and are still using) foreign capital, advanced technologies and management experiences to integrate into the international production system and its sales and services network. To expedite their economic development, these economies have also gradually opened up their market to the rest of the world. As for patent owners, the wide application of their technologies is an inherent requirement to maximize their economic value and get more returns on their innovations."Markets for technology" refers to transactions for the use, diffusion and creation of technology and knowledge. And its aim is to circulate existing technologies, or to produce or co-produce new technologies.

US tech claims biased and baseless

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