9/9, 12:44 PM (Source: TeleTrader)
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Microsoft president urges US, China to repair tech ties

Washington and Beijing need to improve their relationship and address current issues around technology exchanges, Microsoft President Brad Smith (pictured) said on Thursday during an online media session held by the United States tech giant.

Smith reflected on the existing tech dispute between the US and China, emphasizing the need for the two nations to establish a "clear relationship" when it comes to the governance of technology, calling it "the world's most important and certainly the world's most complicated bilateral technology relationship."

The Microsoft executive said that China accounts for "under 2%" of Microsoft's global business, a percentage that has been in a steady decline over the past few years. Smith recognized the need for governments to reassert their sovereignty in the face of a force as "ubiquitous and powerful" as tech, concluding that "this is a decade that will bring regulation to the technology."

Breaking the News / TT