Shoe ... other foot
"US industry representatives have raised concerns that Chinese development of TCM is motivated by the desire to reduce royalties for patents embedded in TCG technology standards ..."
Of course it is. Why should China pay for western tech licenses when they can develop their own standard for a massive internal market? (Just like the china-specific mobile phone standard widely used there.)
"... and that it will negatively affect interoperability and globally integrated supply chains."
No problem; everybody else can use the chinese standard and buy a license from them. Oh, ... wait a minute.