SOUTH KOREA
By Anne Stevenson-Yang
Korea Herald-June 6
One reason the US and China can’t figure out how to negotiate on trade may be that the Americans are making two sets of demands that are antithetical to each other, without even realizing it.
On one side are threatened sanctions targeting the Made in China 2025 program of technology development and those against ZTE. The headline tariffs, sometimes $50 billion, sometimes $150 billion, are aimed at the 2025 plan but more broadly attack a range of Chinese industrial practices, as described in an investigation by the Department of Commerce. The ZTE action focuses on that company’s sales of US technology to Iran, but also is about a decades-long agenda created and funded by the Chinese government to acquire foreign technologies — an agenda in which ZTE and other state-owned technology companies have been willing partners.
Read more at: http://www.koreaherald.com/view.php?ud=20180605000794
First published in: Korea Herald
