US firms say Chinese protectionism rising

Posted on April 26, 2011 2:32 PM | Permalink | Comments (0)

By The Telegraph (Australia)
April 26, 2011

A REPORT by an American business group says Chinese protectionism has increased since the 2008 global economic crisis and US companies are being hurt by Beijing's policies aimed at developing its own technology industries.

The American Chamber of Commerce in China said in a report Tuesday that 26 per cent of its member companies responding to a survey said they already are being hurt by Chinese policies aimed at favoring domestic technology suppliers.

It said more companies said they expect to be hurt by those policies in the future.

Beijing has alarmed foreign companies by pushing them to hand over technology as a condition of winning contracts and licenses.

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	This article is filed under the categories of Chinese Global Imperialism , Corruption , Doing business in China , Global Economy , Made in (The People's Republic of) China , Studies / Reports Tags: business · Chinese imperialism · communist party · doing business in China · imports from China · made in China