CHINA China is 'not interested in' long-arm jurisdiction on US companies

CHINA

China is 'not interested in' long-arm jurisdiction on US companies

CGTN

21:19, October 22, 2019

China has always resolutely opposed to the unilateral sanctions and bullying practices of America's "long-arm jurisdiction" that have been arbitrarily suppressed by foreign entities and individuals, said the Chinese Foreign Ministry on Tuesday.

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File photo: CGTN

Hua Chunying, the ministry's spokesperson, responded to U.S. Secretary of State Pompeo's remark about the Chinese government has imposed long-arm jurisdiction to suppress U.S. companies, which has made it difficult for many U.S. companies to make profits in China.

China is not interested, and will not "steal" U.S. companies' intellectual property rights, and force them to transfer technology to China, said Hua.

"The abuse of 'long-arm jurisdiction' should be regarded as an 'intellectual property' of the U.S.," Hua said.

"Speaking of the difficulty of U.S. companies in making profits in China, 97 percent of U.S. companies said they are profitable in the Chinese market, and 74 percent of American Chamber of Commerce members in China plan to further expand investment in China. More than 95 percent of the companies stated that they were not required to transfer technology to China," Hua quoted the 2019 Member Survey Report released by the U.S.-China Business Council.

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