/Apple, other Chinese companies under pressure (via Qpute.com)
Apple, other China-linked firms under pressure

Apple, other Chinese companies under pressure (via Qpute.com)


Apple, Cisco, and other U.S. companies with deep ties to China are being pressured to deal with Beijing’s “repression of human rights and democracy,” said Joe Biden’s major ally in the Senate. One of them mentioned Thursday in CNBC’s “Squawk Box.”

Comments from Senator Chris Coons of Delaware came two days after his chamber of commerce passed a bipartisan bill to make the United States more competitive with China.

Koons compared US-China relations with the US “separation” from the former Soviet Union during the Cold War.

US business relations are now much stronger with China than the Soviet Union, but Mr. Koons said there is a “some distance” between the two economies.

Mr. Koons, a member of the Senate Foreign Relations Committee, also argued that China’s actions in its own country and around the world are becoming increasingly difficult to ignore.

According to Koons, the most important Great Wall of the century is the “Great Wall” used by the government to “block China’s Internet, demand censorship, and coordinate surveillance and oppression.” It is called. Man. “

Koons also said that both the Biden and Trump administrations called the treatment of Chinese Uighurs in the Xinjiang Uighur Autonomous Region a genocide.

Read more about CNBC’s political coverage:

Companies attempting to manufacture and operate in both countries are “increasingly difficult in the West about what you are doing to promote the suppression of human rights and democracy by Chinese in China and elsewhere in the world. I’m facing a problem. ” Koons said.

When asked what these companies should be telling China now, Mr. Koons replied, “Stop stealing our intellectual property.”

“They force you to transfer technology to your Chinese business, and steal them frankly from you,” he said. “They are competing with us fighting for vaccine diplomacy and next-generation technology.”

Koons praised $ 250 billion in technology and manufacturing bills. This is especially aimed at making the United States more competitive with China. The bill, called the US Innovation and Competition Law, passed the Senate on Tuesday and gained rare bipartisan support.

With significant investment in bills in semiconductors, 5G, quantum computing and other industries, “The United States and its close allies are far more likely to be ahead of the curve in dual next-generation technology. It will be used for both civilian and military use. “

Competitive China will be accompanied by “coordinating investment in new technologies,” Koons said.

He gave an example of then Secretary of State Mike Pompeo urging US allies not to use China’s telecommunications giant Huawei because of security concerns.

“Many of our allies said,’Well, that’s interesting. What’s your choice?’ And there was no American alternative,” Koons said.

“We need to invest in our competitiveness with China this century.”


This is a syndicated post. Read the original post at Source link .