US aims to curb China’s hi-tech progress through trade war: expert

Beijing. March 30. Silkroadnews - The United States has launched a trade war with China recently for the reason of having a large trade deficit and also over concerns regarding China’s good momentum in the aspect of hi-tech development, People’s Daily reports.
Washington announced a higher tax levy on imported steel, aluminum products and even products in China’s national manufacturing plans, causing global trade tensions.
China is presenting a comprehensive challenge to the US core technologies, claimed a former politician in a recent speech, adding that the challenge mainly comes from the nation’s Made in China 2025 initiative and the fast development of 5G technology.
The US does feel “challenged” by the Made in China 2025 plan. A small number of Americans assume that China’s high-tech industry is not developed independently but rather by relying on technologies stolen from the US. Therefore, the US wants to put a brake on China’s core technology development by raising tariffs so as to keep the monopoly position.
The Chinese government has stressed many times that the Made in China 2025 is open to all and provides equal treatment for both domestic and overseas-funded enterprises. The US is also welcomed to participate in the plan, but the country pursues hegemony in the regard of technologies and rules, showing an unwillingness to accept the “challenges” from China.