A report from the U.S. Trade Representative’s (USTR) office released this week found that China has failed to fundamentally alter its market-distorting trade practices.
The USTR Office released the most recent update on the results of a 301 investigation into China’s trade practices this week. The report covered China’s “acts, policies and practices related to technology transfer, intellectual property and innovation.”
“We completed this update as part of this Administration’s strengthened monitoring and enforcement effort,” U.S. Trade Representative Robert Lighthizer said. “This update shows that China has not fundamentally altered its unfair, unreasonable, and market-distorting practices that were the subject of the March 2018 report on our Section 301 investigation.”
The report details China’s use of various tools “to regulate or intervene in U.S. companies’ operations in China in order to require or pressure the transfer of technologies and intellectual property to Chinese companies.” Chinese officials employ methods that restrict transparency and pressure firms on technology transfer.
“Despite the relaxation of some foreign ownership restrictions and certain other incremental changes in 2018, China’s acts, policies, and practices related to forced technology transfer in China persist,” the report states. One section is dedicated to the volume of concerns levied from U.S. and foreign companies and U.S. trading partners.
The USTR report can be viewed in full on a USTR webpage.
Michelle Moons is a White House Correspondent for Breitbart News — follow on Twitter @MichelleDiana and Facebook.
A NATION DIES OF OPIOID
AMERICAN BIG PHARMA,
RED CHINA and NARCOMEX PARTNER FOR THE BIG BUCKS
“The drug epidemic is the product of capitalism and the
policies of the capitalist parties, both Democrats and
Republicans. There is, first of all, the role of the pharmaceutical
companies, which have amassed huge profits from the
deceptive marketing of opioid pain killers, which they claimed were
not addictive. Prescriptions for opioids such as Percocet, Oxycontin
and Vicodin skyrocketed from 76 million in 1991 to nearly 259 million in
2012. What are the numbers and profits now?
CHINA AND MEXICO PARTNER TO ADDICT AMERICA
Blum has long
handed out bribes in the form of “campaign contributions” to other corrupt
Democrat politicians so they keep their mouths shut about the staggering
corruption that has profitably followed Feinstein from day one!
“Our entire crony capitalist system, Democrat and
Republican alike, has become a kleptocracy approaching par with
third-world hell-holes. This is the way a great country is raided by
its elite.” ---- Karen McQuillan THEAMERICAN THINKER.com
WAR ON THE AMERICA
WORKER: FEINSTEIN, PELOSI, OBAMA, and the CLINTON CRIME DUAL
Dianne Feinstein warned, at the time, they had to solve this crisis now—of
immigrants coming in illegally and getting these jobs.”
“The Democrats had abandoned their working-class base to chase
what they pretended was a racial group when what they were actually chasing was
the momentum of unlimited migration”. DANIEL GREENFIELD / FRONT PAGE
BLOG: FEINSTEIN IS AN ADVOCATE OF
AMNESTY, OPEN BORDERS AND NO E-VERIFY TO KEEP WAGES DEPRESSED. THERE ARE 15
MILLION LOOTING MEXICANS IN HER STATE OF CA.