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David Fickling

Why Trump and Xi Should Strike a Deal on Technology

China often ends up hurting its domestic industry by demanding too much from foreign players.

The tete-a-tete watched round the world.

The tete-a-tete watched round the world.

Photographer: Qilai Shen/Bloomberg

If China is such a powerhouse of intellectual-property theft, why doesn’t Beijing do it any better?

Take the auto industry. This would seem a sector ripe for forced technology transfer, industrial espionage and all the other sharp practices causing such tension in China’s trade relationship with the U.S.