Congressional Hearing on U.S.-China Technology Competition
January 1, 2018
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The Frame
This hearing addresses the federal government's assessment of economic risks posed by Chinese trade practices, which are estimated to cost the U.S. economy between $225 billion and $600 billion annually in intellectual property theft.
Potentially affected actors named in the source documents. Mention is not a position.
American technology companies
These companies face potential requirements to enter joint ventures to access Chinese markets and are targets of intellectual property theft.
Chinese government
The government is the subject of the subcommittee's investigation regarding its economic and industrial policies.
Last recorded activity January 1, 2018.
Next step not available in the current record.
Summary
Key Facts
- The U.S. Trade Representative estimates Chinese intellectual property theft costs the U.S. between $225 billion and $600 billion annually.
- The 'Made in China 2025' initiative, introduced in 2015, aims to modernize the Chinese economy and establish China as a global leader in manufacturing.
- The hearing examined allegations that China coerces American companies into joint ventures with Chinese firms as a condition for market access.
- The hearing was held on September 26, 2018, by the Subcommittee on Information Technology.
- The subcommittee's focus for this hearing was specifically on next-generation information technology.
Why It Matters
This hearing addresses the federal government's assessment of economic risks posed by Chinese trade practices, which are estimated to cost the U.S. economy between $225 billion and $600 billion annually in intellectual property theft.
Frequently Asked Questions
What is the 'Made in China 2025' initiative?
What is the primary concern regarding U.S. companies operating in China?
News Coverage
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Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Shift in U.S.-China Engagement
The hearing marks a formal pivot from a 40-year policy of encouraging China's integration into the global economy toward a strategy of countering Chinese technological competition.
Connected Entities
Sources
www.govinfo.gov
Analysis Score
0–100- Significance85How much this matters to a regular citizen
- Controversy60Intensity of disagreement among stakeholders
- Entertainment20Compellingness for a non-policy-wonk reader
- Buzz30Current news / social attention level
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