China gets US tar­iff de­lay but move­ment on tech un­clear

The Oneida Daily Dispatch (Oneida, NY) - - Weather -

BEI­JING>> Buy more U.S. ex­ports? Done. Tin­ker with tech­nol­ogy tac­tics that irk Wash­ing­ton and other trad­ing part­ners? Maybe. But scrap those plans, seen by Bei­jing as a path to pros­per­ity and in­flu­ence? Prob­a­bly never.

The agree­ment by Pres­i­dent Don­ald Trump and his Chi­nese coun­ter­part Xi Jin­ping on a cease-fire on tar­iffs post­pones the threat of more dis­rup­tion for China’s ex­porters and their Asian sup­pli­ers. Some econ­o­mists said Xi might be ready to ne­go­ti­ate in earnest.

Still, Bei­jing gave no sign of a changed stance on tech­nol­ogy am­bi­tions that Wash­ing­ton says vi­o­late Chi­nese mar­ket-open­ing obli­ga­tions and might threaten U.S. in­dus­trial lead­er­ship.

“It’s im­pos­si­ble for China to can­cel its in­dus­try poli­cies or ma­jor in­dus­try and tech­nol­ogy de­vel­op­ment plans,” said econ­o­mist Cui Fan of the Univer­sity of In­ter­na­tional Busi­ness and Eco­nomics in Bei­jing.

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