久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / China US trade tensions

US trade case against China is weak, say experts

By Chen Weihua in Washington | China Daily | Updated: 2018-04-27 08:55
Share
Share - WeChat
A general view of at the Yangshan Deep-Water Port, an automated cargo wharf in Shanghai, April 9, 2018. [Photo/VCG]

With United States Treasury Secretary Steven Mnuchin about to lead a delegation to China in the coming days to ease bilateral trade tensions, US experts have challenged their government's accusations against China.

The Trump administration threatened tariffs on$150 billion worth of imports from China following an investigation under Section 301 of the US Trade Act of 1974 into China's intellectual property policies and practices.

In a 182-page report issued on March 22, the US trade representative accused China of unfair trading practices regarding technology transfer, intellectual property and innovation.

Stephen Roach, former chairman and chief economist of Morgan Stanley Asia and now a senior fellow at the Yale University Jackson Institute of Global Affairs, said the US has a weak case against China and called the US report "wide of the mark in several key areas".

On the forced technology transfer in joint ventures in China, Roach argued that the US and other multinational corporations willingly enter into these legally negotiated arrangements for commercially sound reasons-not only to establish a toehold in China's rapidly growing domestic markets, but also as a means of improving operating efficiency with a lower-cost offshore Chinese platform.

He said portraying US companies as innocent victims of Chinese pressure is certainly at odds with his own experience as an active participant in Morgan Stanley's joint venture with the China Construction Bank to establish China International Capital Corp in 1995.

"Contrary to the assertions of the USTR, we were hardly forced into these arrangements," he wrote on the Project Syndicate website on Tuesday.

Roach also criticized the portrayal of China's outward investment as a unique State-directed plan aimed at gobbling up newly emerging US companies and their proprietary technologies. That includes the description of the Made in China 2025 strategy as a plot to dominate future industries in the world.

"The USTR is entirely correct in underscoring the role that innovation plays in shaping any country's future. But to claim that China alone relies on industrial policy as a means toward this end is the height of hypocrisy," Roach said, citing many examples of industrial policies in Japan, Germany and the US.

He listed NASA-related spinoffs, the internet, GPS, breakthroughs in semiconductors, nuclear power, imaging technology and pharmaceutical innovations as "important and highly visible manifestations of industrial policy the American way".

On the accusation of cyberespionage, Roach noted that the cases cited in the Section 301 report were mostly before China and the US reached an agreement in September 2015 on cybersecurity, and such cases have since declined dramatically.

He called the USTR report "a biased political document that has further inflamed anti-China sentiment in the US".

"But the case made by the USTR is an embarrassing symptom of a scapegoat mentality that has turned America into a nation of whiners," Roach wrote.

Nicholas Lardy, a senior fellow at the Peterson Institute for International Economics and an expert on the Chinese economy, argued that China's protection of intellectual property is improving rather than worsening.

China's payments of licensing fees and royalties for the use of foreign technology have soared in recent years, reaching almost $30 billion last year, nearly a fourfold increase over the last decade, Lardy wrote on the Peterson Institute website last Friday.

According to Lardy, China ranks fourth globally in the amount it pays to acquire foreign technology, well behind Ireland, the Netherlands and the US, but ahead of Japan, Singapore, South Korea and India.

Because licensing fees in Ireland and the Netherlands are paid mostly by foreign holding companies that are legally domiciled in those countries for tax reasons, and the subsidiaries of these holding companies using the licensed foreign technology are located in other jurisdictions worldwide, Lardy argued that China probably ranks second globally in the magnitude of licensing fees paid for technology used within national borders.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 国产日韩精品一区在线观看播放 | 亚洲欧美视频 | 成人做爰视频www | 在线久草 | 国内自拍网站 | 亚洲欧美专区精品久久 | 亚欧成人一区二区 | chinese宾馆自拍hd | 国产 日韩 欧美 在线 | 国产欧美视频在线观看 | 国产成人综合亚洲欧美在 | 欧美日韩一区二区三区在线观看 | 99精品视频在线在线视频观看 | 色综合久久88中文字幕 | 亚欧视频在线观看 | 一区二区三区精品视频 | 国产精品网址 | 欧美成人精品欧美一级乱黄 | 国产aⅴ一区二区 | 99亚洲视频 | 九九九九热精品免费视频 | 亚洲成人在线视频网站 | 99久久免费视频在线观看 | 欧美精品国产一区二区三区 | 色多多香蕉 | 亚欧色视频在线观看免费 | 亚洲经典三级 | 黄网视频在线观看 | 一级特黄色毛片免费看 | 日韩精品一区二区三区中文字幕 | 九九视频在线观看6 | 欧美日韩视频精品一区二区 | 亚洲成人三级 | 草草影院ccyycom浮力影院 | 理论视频在线观看 | 亚洲国产精品综合欧美 | 国产成人精品久久综合 | 欧美一级毛片日本 | 国产精品久久久久久久网站 | 久久久999国产精品 久久久99精品免费观看 | 免费看欧美一级片 |