China Investment Corp’s President Tu Guangshao Calls US To Export More American Tech To China

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China wants to buy more than just beef and soybeans from the United States. The world’s second largest economy also eagerly wishes to greatly increase the import of American technology.

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  1. That sounds nice but as one who has done business in China and been told privately by the VP of a large Chinese state-owned enterprise that he had to switch from buying US tech to buying it from another Chinese SOE because he had been ordered to, I find this disingenuous at best. On top of that, the SOE that was getting the new business was a former customer of the US company and had stolen their technology. This is why US companies are reluctant to do business with China. And Tu Guangshao knows it.