News

Chinese lawmakers endorse technology law amid US pressure

Chinese lawmakers endorse technology law amid US pressure
World
BEIJING - China’s ceremonial legislature has endorsed a law meant to help end a costly tariff war with Washington by discouraging officials from pressuring foreign companies to hand over technology.

The technology measure is part of a law on investment approved Friday that China’s government says is intended to improve conditions for foreign investors.

The approval comes in the midst of a rapid-fire series of U.S.-Chinese negotiations aimed at ending a fight over American complaints Beijing’s technology policies violate its market-opening obligations.

The government said earlier the law would prohibit officials from using “administrative measures” to compel companies to hand over technology. The version approved by the National People’s Congress wasn’t immediately released.
Read more on Toronto Star
News Topics :
Similar Articles :
World
WASHINGTON U.S. business groups say they are encouraged by China’s approval of a new law that loosens restrictions on foreign investment and say it could help smooth the way...
World
BEIJING China’s No. 2 leader has sought to defuse tensions with Washington and Europe over technology and other issues by promising to treat foreign and domestic competitors equally. Speaking...
Business
BEIJING—China on Wednesday issued a $50 billion list of U.S. goods including soybeans and small aircraft for possible tariff hikes in an escalating and potentially damaging technology dispute with Washington....
World
Photograph of guided missile destroyer USS McCampbell, dry cargo/ammunition ship USNS Cesar Chavez and aircraft carrier USS Ronald Reagan. Smith Collection/Gado/Getty Images Listen Chinese and American officials began talks Monday aimed...
World
BEIJING U.S. and Chinese negotiators meet this week for their final trade talks before President Donald Trump decides whether to go ahead with a March 2 tariff hike on...