Ericsson chairman says China has to level the playing field for foreign firms

by 11:00 PM 0 comments
Foreign businesses have long complained about the lack of market access and protectionist policies that benefit Chinese firms, and a European Union Chamber of Commerce report in March said that China had violated its free-trade pledges by inducing foreign firms to give up encryption and other technology to potential Chinese competitors.
But Johansson said that he is "not concerned" about China`s ambitions to acquire technology and be a leader in the space.
China is now engaging outside of China, which I think is a very natural development," he said, adding that Beijing just needs to go about it in a "peaceful, respectful way.
"We have been engaging a lot in China as companies and as countries.
""It`s very important that we hold on to what we have gained over the last couple of decades, which is a much freer world trade regime.

Dramelin

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