China’s behaviour in terms of technology transfer and market access is atrocious, a former US official says
Abu Dhabi: China needs to change its behaviour if it wants to maintain good economic and trade relations with the US as well as with the rest of the world, former under-secretary of state for political Affairs at the US Department of State said in Abu Dhabi on Wednesday.
“China’s behaviour in terms of technology transfer and market access along with intellectual property rights has been atrocious and is a problem that affects not only US but broadly world especially Europe,” said Thomas Shannon speaking at IIF Mena summit.
“China needs to begin to change its behaviour in a significant way if it wants to maintains the kind of value added, high end trading and economic relationships it wants to establish in the world.”
“The president is made it clear to Chinese, if they continue along the path they are on, they are not going to have economic and trade relations with us. China could be an adversary but it all depends on Chinese behaviour and it all depend on how Chinese engage with us.”
He also said there is a broad support for the approach on China both within the congress, among democrats and republicans as well as across the country.
“The president has been able to reset the relationship on a different kind of footing but he also given an opportunity for Chinese to respond to us in a way that they ensure the success of both the countries.”
Currently, China and the United States are locked in a trade war with each country introducing tariffs on goods traded between them.