US tech can use China as ‘listening post’ for global edge, Washington think tank explains

US technology companies should stay in China, despite persistent political pressure for their exit, to capitalise on revenue potential and stifle local competition while monitoring consumer trends, according to a Washington-based policy think tank. Sales generated by American firms within China can be reinvested in research and development back in the United States, thereby helping “sustain US innovation leadership”, the Information Technology and Innovation Foundation (ITIF) said in a new...