China Poses Trade Worry as It Gains in Technology

From New York Times today: ” To high-technology companies, China has been a land of seemingly pure promise in recent years. Not only is it a fast-growing consumer market, but it has also become a low-cost workshop for assembling technology products for American, European and Japanese concerns.

But as China moves to expand its own technology industries, the government has taken unusual steps that are leading to new trade tensions with the United States, according to Silicon Valley executives, trade experts and United States officials. These measures include efforts to develop Chinese software standards for wireless computers, the introduction of exclusive technology formats for future generations of cellphones and DVD players – even tax policies that favor computer chips made in China and sold in the Chinese market.

The full article is here.

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