One Hand Tied Behind Our Backs: Why America Must Do Much More to Curb China’s Dangerous Innovation Mercantilism

Thursday, September 17, 2015 - 9:00 AM to 10:30 AM
2237 Rayburn House Office Building
45 Independence Avenue SW
Washington, DC 20515

Ahead of Chinese President Xi Jinping’s visit to the United States later this month, please join ITIF on September 17 for an expert panel discussion exploring the ramifications and potential U.S. responses to China’s aggressive, mercantilist strategy of shutting American technology companies out of Chinese markets.

Across a wide range of advanced technology industries, from information technology to biotechnology, China has embarked on a systematic plan to replace American companies with Chinese equivalents, using a range of techniques including forced technology transfer or joint venturing, cybertheft of intellectual property, abuse of competition laws, pressure on state-owned enterprises to buy Chinese, and massive subsidies to Chinese tech companies. For example, China’s “National Guidelines for Development and Promotion of the Integrated Circuit Industry” unabashedly call for a closed-loop semiconductor ecosystem that would reduce Chinese imports of U.S. semiconductors by half in 10 years and eliminate them entirely within 20.

Despite the Obama administration expressing concerns to the Chinese government, China has only ramped up its mercantilist policies. For the sustained viability of America’s advanced technology sectors, it’s critical that U.S. policymakers now take a stronger stand against anti-competitive policies that disrupt the global marketplace for innovative industries.

09/17/2015 09:0009/17/2015 10:30America/New_YorkITIF Event: One Hand Tied Behind Our Backs: Why America Must Do Much More to Curb China’s Dangerous Innovation Mercantilism2237 Rayburn House Office Building, 45 Independence Avenue SW, Washington, DC 20515More information:
J. Randy Forbes
Representative (R-VA)
U.S. Congress
Stephen Ezell
Vice President, Global Innovation Policy
Information Technology and Innovation Foundation
Robert D. Atkinson
Information Technology and Innovation Foundation
James Mulvenon
Intelligence Division, Defense Group, Inc.
Derek Scissors
Resident Scholar
American Enterprise Institute
Bill Whyman