American firms gain from tech transfers, which is why they do it
By Zhong Sheng | China Daily | Updated: 2019-05-20 07:49
THE UNITED STATES keeps accusing China of "coercive technology transfers", but this claim is neither new nor true. Zhong Sheng, a columnist for People's Daily, comments:
After China launched its reform and opening-up policies in 1978, many US companies saw the opportunities and rushed to China. They did so out of their own willingness, for their own profit. Who can coerce a US company to come to China? Who can coerce it to work with China in technology?
The US government's claims of forced technology transfers, no matter how hard it works to convince others they are true, are still a lie. There is no regulation in China that coercively requires any foreign venture to "transfer" its technologies to Chinese partners.
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