Tags: AS | China | Congress | Foreign Business

Chinese Lawmakers Endorse Technology Law amid US Pressure

Chinese Lawmakers Endorse Technology Law amid US Pressure

Thursday, 14 March 2019 09:39 PM EDT

BEIJING (AP) — China's ceremonial legislature has endorsed a law meant to help end a costly tariff war with Washington by discouraging officials from pressuring foreign companies to hand over technology.

The technology measure is part of a law on investment approved Friday that China's government says is intended to improve conditions for foreign investors.

The approval comes in the midst of a rapid-fire series of U.S.-Chinese negotiations aimed at ending a fight over American complaints Beijing's technology policies violate its market-opening obligations.

The government said earlier the law would prohibit officials from using "administrative measures" to compel companies to hand over technology. The version approved by the National People's Congress wasn't immediately released.

Business groups welcomed the proposed law but said they need to see how it will be enforced.

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
China's ceremonial legislature has endorsed a law meant to help end a costly tariff war with Washington by discouraging officials from pressuring foreign companies to hand over technology.The technology measure is part of a law on investment approved Friday that China's...
AS,China,Congress,Foreign Business
130
2019-39-14
Thursday, 14 March 2019 09:39 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved