US and Allies Unite to Condemn China's Economic Coercion Tactics
Originally Published 2 years ago — by Reuters
The US, along with five of its allies, has issued a joint declaration condemning the use of trade practices that amount to economic coercion, without naming any specific country but apparently aimed at China. The countries expressed concern about "pervasive subsidization," anti-competitive practices by state-owned enterprises, forced technology transfer, and government interference with corporate decision-making. They also raised concerns about forced labor and emphasized that such practices are gross abuses of human rights and economic issues.
