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US urged to use Beijing playbook to secure Chinese tech transfers
Experts say Washington should target areas where cutting-edge Chinese technological know-how could be welcomed, then applied to help US
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Vincent Chowin Washington
The United States should take a leaf out of Beijing’s industrial playbook and strategically open up specific sectors to Chinese investment while ensuring that technology transfers occur, US industrial policy and supply chain experts said at an event on Thursday.
The assessment comes as Washington mulls new broad restrictions on Chinese technology, including a proposed prohibition on the sale of cars with connected-vehicle technology linked to China and a ban on imports of Chinese humanoid robots and power inverters.
However, merely shutting out Chinese technology from the US without a clear strategy to boost domestic competitiveness would not guarantee that the US catches up in areas where China now has a clear lead, the experts said at an online panel organised by the Quincy Institute, a Washington think tank that advocates for a less militarised American foreign policy.
Instead, Washington should target areas in which cutting-edge Chinese technological know-how could be welcomed, then applied to help the US catch up, possibly through joint ventures and technology licences.
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