Political Quotes

On the recordDecember 19, 2018
on China, negotiations are ongoing between the Trump administration and Chinese officials about a potential detente in our trading relationship. Of import to the Chinese is the recent arrest of Huawei's CFO on charges of violating U.S. sanctions law, which is only one area of concern when it comes to Huawei's technology. Let me be very clear. The United States should not make any--any-- concessions until and unless China makes credible and enforceable commitments to end all forms of theft and extortion of American intellectual property. As Ambassador Lighthizer recently pointed out--and I cannot commend him enough for the good job he is doing--during the Obama administration alone, China made no fewer than 10 independent commitments to get rid of forced technology transfers and cyber theft policies. As we know, China cyber espionage continues unabated. Just last week, it was confirmed that China was behind the data breach of Marriott hotels, and we know that they continue to require any company that sells things--and there are so many companies that sell things in China--to transfer their technology. If we continue on this path that we have for the last 10 or 15 years, we will no longer be the leading economy in the world. All the great ideas Americans have because of our free and open and entrepreneurial system will be stolen, purloined, and China will dominate. We are there for fair competition. China doesn't compete fairly.…
Said by
Chuck Schumer
Democratic · New York
Source
govinfo.gov
Dec 19, 2018

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