US Planning To Open "Third Front" In China Trade Spat

Discussion in 'Economics' started by Error Correction Funder, Apr 16, 2018.

  1. This time, Lighthizer is aiming at China's unfair restrictions on US companies trying to establish a foothold in China in high-tech industries like cloud computing. As a general rule, China requires foreign firms to partner with a domestic firm in a "revenue-sharing agreement" before they can gain entry to the Chinese market. By comparison, the US allows Chinese firms like Alibaba to function almost totally unfettered.

    https://www.zerohedge.com/news/2018-04-16/us-planning-open-third-front-china-trade-spat