“EXCLUSIVE: Biden administration quietly seeks to renew expired tech agreement with China” – Washington Times
In a move that could have significant implications for the tech industry, the Biden administration is quietly seeking to renew an expired tech agreement with China, according to sources close to the negotiations.
The agreement, which was originally signed during the Obama administration, aimed to promote cooperation and information sharing between the two countries on technology and cybersecurity issues. However, the agreement expired during the Trump administration, and efforts to renew it have been stalled until now.
The Biden administration’s decision to quietly pursue the renewal of this agreement comes at a time of heightened tensions between the US and China, particularly on issues related to technology and national security. The move is seen as a signal that the Biden administration is looking to de-escalate tensions and find common ground with China on areas of mutual interest.
Industry experts have welcomed the news, noting that the agreement could help facilitate collaboration between US and Chinese tech companies, leading to innovation and economic growth. However, critics have raised concerns about the potential security risks of sharing sensitive technology information with China, given the country’s track record of intellectual property theft and cyber espionage.
As negotiations continue behind closed doors, the tech industry and policymakers alike will be closely watching to see how the Biden administration navigates this delicate balancing act between cooperation and competition with China in the tech sector.