Escalating tensions between the US and China threaten to undermine a 45-year-old science and technology cooperation agreement, the Financial Times reported.
The pact, signed by U.S. President Jimmy Carter and Chinese President Deng Xiaoping, has contributed to advances in energy, agriculture, civil-industrial technology and disaster management. the story continued.
But ongoing friction over U.S. restrictions on Chinese access to semiconductors and Washington’s concerns about alleged intellectual property violations – as well as claims that the Chinese military has access to U.S. technology – are now jeopardizing years of scientific cooperation.
“The agreement has enormous symbolic value,” Wang Yanbo, a professor at the Hong Kong University Business School, said in the report. “It sends a clear message from Beijing and Washington that academic cooperation is allowed. If the agreement is terminated, it will send a strong signal that such cooperation is not welcome.”
Read the full story: The Financial Times
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