“Virtually every major U.S. tech company is doing business in China, collaborating with Chinese researchers or considering doing so. Now, several are also pushing back against proposals to limit the export of critical technologies to the People’s Republic. They ought to rethink, not just for the sake of U.S. national security but also for their bottom lines.

“As the U.S. and China enter a period of greater strategic competition, the latter has adopted a robust strategy to overtake America in a number of key technology areas, from artificial intelligence to robotics. This strategy calls for investing in indigenous innovation as well as getting hold of foreign companies’ intellectual property through various means, including cyber-theft, discreet investments in Western technology firms and forcing U.S. firms doing business in China to transfer their IP to local partners…”

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