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      10-10-2019, 11:13 AM   #23
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Quote:
Originally Posted by WestRace View Post
It seems like it is meant to prevent the Chinese from de-valuing their currency to counteract the US increase in tariffs. But it seems like a minor part of the trade deal and the main part is the forced technology transfer and IP protection and ownership. Currently I don't think outside entities can have ownership of Chinese companies.
It's a bandaid, yes.

From what I can tell the US and China are no where close to an agreement on IP theft, tech transfer, the 49% rule, etc. Thats the meat of the negotiation.
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