United States Treasury Secretary Jack Lew has pressed China to open its markets further by removing restrictions on technology transfers in talks with Chinese vice-premier Wang Yang.
“Promoting innovation and open markets is in our mutual interest,” Lew said before the meeting with Wang in Beijing on Monday. “We have already made clear our concerns regarding forced technology transfer and other attempts to bar technological competition, most recently in the banking sector, and I look forward to further discussion today.” Read more…