Fed's Kaplan Says China is Real Threat on Trade

By Kitco News / June 26, 2018 / www.kitco.com / Article Link

HOUSTON (Reuters) - The United States risks losing time and competitiveness the longer it continues its trade spat with Mexico and Canada and fails to focus on threats from China, a U.S. central banker said on Tuesday.

“Intellectual property rights and technology transfer are very big issues, where China is using the joint ventures to get technology and then compete globally,” U.S. Dallas Federal Reserve Bank President Robert Kaplan said at an event in Houston. “Let’s fight what I think is actually a very big threat, which is the relationship with China.”

Reporting by Collin Eaton, writing by Ann Saphir; Editing by Chizu Nomiyama

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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