WASHINGTON – Obama administration officials are in China to discuss a new procurement policy that could exclude US companies from China’s high-tech market.

The policy could violate international trade laws and agreements with the US, experts say.
 
The policy, launched by Beijing in November, “requires … the intellectual property related to a given product that might qualify for procurement preferences to be owned in China, as opposed to licensed to an entity in China,” says Inside US-China Trade.
 
The policy covers computer and application devices, communication products, office equipment, software, new energy and equipment, and highly energy-efficient products, according to the US Information Technology Office
 
There are also concerns about the deadline to comply with the policy, reportedly Dec. 10, with a Dec. 30 date to register individual products in the six high-technology fields for consideration for procurement preferences.

 

Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedInPrint Article