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Updated on: Wednesday, May 29, 2019, 05:43 AM IST

Aggressive Chinese industrial policy hurting US defence industry

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Washington: The aggressive Chinese industrial policies has adversely impacted some of the critical American capabilities and its defense manufacturing base, the Pentagon said in a report. In its report at the direction of the President Donald Trump, the Pentagon said on Friday while many companies have established their research and development wing in countries like India and China, the latter is different in its approach.

“Many technology-intensive multinational corporations have established R&D facilities in countries like India and China for access to cheap, high skilled labour. As part of its industrial policy aggression, China has forced many American companies to offshore their R&D in exchange for access to the Chinese market,” the Pentagon report said.

As technical innovation moves abroad, changing rules around intellectual property development will impede US access to the latest manufacturing technologies and decrease overall competitiveness, it said.  “At risk is America’s loss of leadership in industries of the future such as artificial intelligence, quantum computing, and robotics. Over the remainder of this century, these emerging industries will help redefine the battlefield,” the Pentagon said.

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Published on: Sunday, October 07, 2018, 02:12 AM IST
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