The world wants Chinese tech. China is determined to keep it
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Foreign leaders are now concerned that China is preventing its technology from being shared with other countries, a stark contrast to their previous worries about too much technology transfer. China is determined to keep its tech within its borders.
Foreign business and political leaders have shifted their concerns from too much technology transfer in China to too little. They now fear China is too effective at preventing its best technology from being shared. A former Chinese trade official acknowledges the pivot, calling it 'a bit hypocritical but understandable'. China's rivals are struggling to access Chinese tech, which has become crucial in various fields. China's determination to keep its technology within its borders is driven by a desire to maintain its competitive edge. The country's tech industry has made significant advancements, making its technology highly sought after globally.
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