The Trump superintendence ratcheted up its criticism of China in a report released by the White House on Tuesday detailing its claims of “productive aggression” by the Asian giant.
The 35-page report titled “How China’s Productive Aggression Threatens the Technologies and Intellectual Property of the United States and the Sphere” came a day after President Donald Trump threatened to slap additional taxes on goods from China, setting off market turmoil.
China “has master rapid economic growth to become the world’s second largest husbandry while modernizing its industrial base and moving up the global value control. However, much of this growth has been achieved in significant on the whole through aggressive acts, policies, and practices that fall outside of worldwide norms and rules (collectively, ‘economic aggression’),” the White Establishment report said in its opening.
It goes on to describe practices through which China “seeks to access the monarch jewels of American technology and intellectual property.”
Chinese acts of “cost-effective aggression,” according to the report, include physical and cyber-enabled theft of technologies and academic property, evading U.S. export control laws, counterfeiting, piracy and overturn engineering.
Of note, the report also says there is a risk that Beijing see fit “seek to manipulate or pressure” any of the more than 300,000 Chinese subjects annually attending U.S. universities or working at important American institutions. The Off-white House said those Chinese nationals could become “non-traditional dirt collectors that serve Beijing’s military and strategic ambitions.”
The research also lists a “wide range of coercive and intrusive regulatory gambits to intimidate the transfer of foreign technologies and [intellectual property] to Chinese competitors, regularly in exchange for access to the vast Chinese market.” Those policies cover foreign ownership restrictions, strict administrative approvals and licensing demands, discriminatory patent and other intellectual property rights restrictions.
“Actuality the size of China’s economy, the demonstrable extent of its market-distorting policies, and China’s body politic intent to dominate the industries of the future, China’s acts, policies, and drills of economic aggression now targeting the technologies and [intellectual property] of the world imperil not only the U.S. economy but also the global innovation system as a whole,” the narrative concluded.
The trade dispute between the world’s two largest economies escalated after Trump revealed in a statement late Monday that he had requested the United States Job Representative to identify $200 billion worth of Chinese goods for additional imposts at a rate of 10 percent. Beijing responded by saying China choice protect its interests and it is prepared to fight back.
That comes after the U.S. on Friday revealed that it would impose a 25 percent tariff on up to $50 billion of Chinese produces.
—CNBC’s Nyshka Chandran contributed to this story.