The story of China's huge strides in the field of green technology lacks the 'warm and fuzzy' feeling it might otherwise have because the PRC is employing its proven strategy of exacting big technology transfers from foreign investors while propping up Chinese competitors.
This pas de deux has, on the one side, overzealous multinationals who just can't say no in the face of China's growth opportunities, while on the other, China applies layers of technical standards and registration procedures that, according to most MNCs, force applicants to divulge much of their proprietary information.
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