(BEIJING) — The number of foreign companies that feel compelled to hand over technology in exchange for Chinese market access — an issue that sparked President Donald Trump’s tariff fight with Beijing — has doubled since two years ago despite official promises to end such pressure, a business group reported Monday. The European Chamber of Commerce in China’s report highlighted enduring complaints about “forced technology transfer” that China’s trading partners say violate its market-opening commitments despite denials and promises of change. European leaders have criticized Trump’s tactics in confronting Beijing over its technology ambitions but echo U.S.
More Companies Feel Pressured To Hand Over Technology In China, Report Says
JOE McDONALD / AP, Time
Mon, 05/20/2019 - 1:09am
Topics: president donald trump s the european chamber commerce european it charlotte roule trump july europe japan china s march tech communist party one-third beijing trump s trump beijing european china s u.s chinese china companies feel report foreign compelled markets partners transfer complaints survey promises business felt open groups auto echo access leverage exchange tariff happening economy violate regulated required officials trading commitments heavily share
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