The United States has 'fabricated' accusations that China forces firms...
FILE PHOTO: The flags of China, U.S. and the Chinese Communist Party are displayed in a flag stall at the Yiwu Wholesale Market in Yiwu, Zhejiang province, China, May 10, 2019. REUTERS/Aly Song
China announced this week it would retaliate against a move by Washington to raise tariffs on $200 billion of Chinese imports amid complaints Beijing had done little to resolve U.S. concerns about the theft of intellectual property and the forced transfer of technology to Chinese firms. “The U.S. argument about the ‘forced transfer of technology’ can be described as being fabricated from thin air,” it said. The United States had not yet been able to provide any evidence to back up the claims, the editorial said.
The increasingly acrimonious dispute between the world’s top two economies has rattled investors and roiled global markets. The United States said negotiations were likely to resume soon but China said no fixed date had been set yet and Washington needed to show sincerity in any new round of talks.
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