US pushes China for stopping trade secret theft

The U.S. Trade Representative’s office has criticized China for not stopping the increasing theft of American trade secrets upon which the U.S economic might relies heavily. The incident is the latest addition in the incidents making Washington frustrated with China.

US pushes China for stopping trade secret theft-global-annal

“Not only are repeated thefts occurring inside China, but also outside of China for the benefit of Chinese entities,” said USTR in its annual report on countries which have the most terrible records in protecting the U.S. intellectual property rights.

“The United States strongly urges the Chinese Government take serious steps to put an end to these activities and to deter further activity by rigorously investigating and prosecuting thefts of trade secrets by both cyber and conventional means,” the report said.

Source: Reuters, Washington Post, Itbusinessnet


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