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April 11, 2018

U.S. targets the heart of China's economic blueprint

By JOE McDONALD
AP Business Writer

BEIJING — President Donald Trump's threat to hike tariffs on technology imports from China strikes at the heart of Beijing's state-led blueprint for prosperity and restoring the nation's greatness.

For four decades, China has leaned on foreign companies to hand over technology — or help potential Chinese rivals develop their own — in exchange for market access. That helped make China a leader in fields from mobile phones to high-speed rail to wind turbines, but also fueled complaints that China was improperly benefitting from those tactics.


 
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