China announced this week it would retaliate against a move by Washington to raise tariffs on US$200 billion of Chinese imports amid complaints Beijing had done little to resolve US concerns about the theft of intellectual property and the forced transfer of technology to Chinese firms.
"The US argument about the 'forced transfer of technology' can be described as being fabricated from thin air," it said.The United States had not yet been able to provide any evidence to back up the claims, the editorial said.It said the US benefited substantially from voluntary technological cooperation, earning US$7.96 billion in intellectual property use fees in 2016 alone.