Keyu Jin on technology transfers to and from Chinese companies

There's a great deal of irony here.  When I was writing my book, the discussion was still about technology transfers that Chinese companies demand of international companies, and now the tape has completely turned around.  What's China's response?  Well, first of all, the Chinese government's response is first, "let the companies decide."  If it's a mutual beneficial thing, they will go ahead with it.  That's up to them.  It shouldn't be imposed from the government top down.

This is economics, right?  This is capitalism.  You're trading one thing for another, which is trading technology for market access.  I think the Chinese companies understand that very well and they're not the first to say "no" to that, because if you look at the EV sector or the batteries, Chinese companies are heavily investing in Europe, they're setting up factories, joint ventures, shifting some of the production or research centers into Europe.  Not into the U.S., by the way, but in Europe, and that is good for both the Chinese companies and for Europe.

Keyu Jin, "Keyu Jin: China Doesn't Want a Trade War with the US," 6:25 mark, Rise of Asia, April 9, 2025