Confronting Chinese Innovation Mercantilism

Tuesday, February 28, 2012 - 9:30 AM to Wednesday, February 29, 2012 - 10:59 AM
U.S. Senate
Dirksen Senate Office Building G11
Washington, DC 20510

America’s trade relationship with China has entered into a perilous stage in the last five years. With China’s shift to an “indigenous innovation” strategy based on forced IP transfer, standards manipulation, discriminatory regulatory and tax policies, and favoritism towards state owned enterprises, China is unabashedly seeking to favor Chinese-owned firms in order to dominate practically all sectors, especially the higher value-added, innovation-based sectors. Yet, the Washington consensus response can be summed up in one word: patience.

In an upcoming report, “Enough is Enough: Confronting Chinese Innovation Mercantilism,” ITIF’s Rob Atkinson documents this phenomenon and warns of the dangers facing the United States and the global economic system if China continues down this path. Atkinson draws on his experience co-chairing an informal White House-initiated U.S.-China innovation experts group and uses compelling data to make the case for awakening Washington from its complacency.

“Enough is Enough,” transcends the free-trade versus protectionist dichotomy and critiques both those who would curtail our trade with China and those who would continue to ignore Chinese mercantilism under the belief that it can never be successful. Instead, the report argues for a new approach to get tough on Chinese innovation mercantilism and to support the expansion of rules-based trade.

02/28/2012 09:3002/29/2012 10:59America/New_YorkITIF Event: Confronting Chinese Innovation MercantilismU.S. Senate, Dirksen Senate Office Building, Washington, DC 20510More information:
Senator Jeff Merkley
United States Senator
Robert D. Atkinson
Information Technology and Innovation Foundation
Morgan Reed
Executive Director
ACT | The App Association
Jeremie Waterman
Vice President for Greater China
U.S. Chamber of Commerce