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Decoding Trump’s Plan to Rein In China

2017-12-20 0 Dailymotion

Decoding Trump’s Plan to Rein In China
President Trump’s national security blueprint released on Monday lumped economic challenges posed by the United States’ foreign
rivals, particularly China, with the sort of traditional notions of national security that have long driven American policy.
“While maintaining an investor-friendly climate, this Administration will work with the Congress to strengthen the Committee
on Foreign Investment in the United States (CFIUS) to ensure it addresses current and future national security risks.
Stealing proprietary technology and early-stage ideas allows competitors to unfairly tap into the innovation of free societies.”
For years, the United States battled China over pirated movies and counterfeit sneakers.
The United States will prioritize counterintelligence
and law enforcement activities to curtail intellectual property theft by all sources and will explore new legal and regulatory mechanisms to prevent and prosecute violations
Some Western businesses complain that, to do business in China, they are required to form joint ventures with
Chinese companies, or to otherwise share technology with Chinese partners who may someday become rivals.
To get there, Beijing has unveiled its “Made in China 2025” program, an ambitious plan to foment homegrown firms
that will compete with American companies with the help of state support and cheap loans.