The United States on Friday formally launched a trade investigation into China’s intellectual property practices and forced transfer of American technology, which President Donald Trump had called for this week.
WASHINGTON: The United States on Friday (Aug 18) formally launched a trade investigation into China’s intellectual property practices and forced transfer of American technology, which President Donald Trump had called for this week.
« On Monday, President Trump instructed me to look into Chinese laws, policies, and practices which may be harming American intellectual property rights, innovation, or technology development, » US Trade Representative Robert Lighthizer said in a statement.
« After consulting with stakeholders and other government agencies, I have determined that these critical issues merit a thorough investigation. »
Foreign companies have long complained about Beijing’s failure to protect know-how and patents, and in some cases forcing firms to share information with domestic partners as the price for doing business in the massive Chinese market.
