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US doing all it can to stay on tech hegemony throne

By Zhong Sheng | China Daily | Updated: 2019-08-20 07:16

Editor's note: Some in the United States have been hyping up China's so-called forced technology transfer to tarnish China's image, but the international community and some in the US, its business circle in particular, have cast doubts over such accusations. Zhong Sheng, a columnist for People's Daily, comments:

The Chinese government made clear in the protocol of its accession to the World Trade Organization that technology transfer would not be a condition for the approval of foreign investment.

Technological cooperation between foreign and Chinese enterprises in accordance with market principles and legally binding agreements on the basis of equal consultation are a mutually beneficial and win-win choice among market players. The normal negotiation requirements put forward by an enterprise belong to its bargaining right and should be protected. If the foreign party suspects the Chinese partner of abusing its dominant market position, it can pursue litigation in line with international rules.

US doing all it can to stay on tech hegemony throne

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