U.S. and China renew science and technology pact amid growing rivalry
Hong Kong Officials from both nations said Friday that the United States and China have extended a decades-old pact on research and technology collaboration, limiting its scope and incorporating measures to satisfy national security concerns.
The first agreement between the two nations following the normalization of diplomatic relations was the Science and Technology Agreement, which was first signed in 1979. Historically, it was extended approximately every five years, but in recent years, as China has emerged as a formidable technical foe, U.S. politicians have voiced worries about it.
Before expiring on August 27 of this year, the deal, which was set to expire in 2023, was given two six-month extensions. Negotiations to extend it had been ongoing for months.
The enhanced and updated a...