Jun 27, 2018

Is China forcing U.S. tech companies to hand over their secrets?

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U.S. trade tensions with China are very much about technology. The Trump administration is set to roll out new restrictions this week on Chinese tech investments in the United States and possibly more tariffs in areas like robotics, aerospace and…

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Is China forcing U.S. tech companies to hand over their secrets?

Jun 27, 2018
Escalating trade tensions could cause consumer prices to rise.
The ZTE logo is seen on a building in Beijing on May 2, 2018.
WANG ZHAO/AFP/Getty Images

U.S. trade tensions with China are very much about technology. The Trump administration is set to roll out new restrictions this week on Chinese tech investments in the United States and possibly more tariffs in areas like robotics, aerospace and green tech. That’s on top of the new 25 percent tariff, set to take effect on July 6, on other Chinese imports, many of them tech related. The United States says the taxes are punishment for intellectual property theft and forced technology transfer — the idea being that American companies must share tech secrets with Chinese companies in order to do business there. Jennifer Pak is Marketplace’s China correspondent based in Shanghai, and she recently attended a consumer electronics show there. She told Marketplace Tech host Molly Wood what Chinese manufacturers were saying about the tariffs. (06/27/2018)

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