How does China steal U.S. intellectual property?
Chinese theft of trade secrets and valuable technology costs the US billions each year. An expert explains the problem and how to stop it.
President Trump announced stiff new tariffs in March, hitting back at China for what he calls “the unfair and harmful acquisition of US technology.” According to a 2017 report by the United States Trade Representative, Chinese theft of American intellectual property currently costs between $225 billion and $600 billion annually.
How extensive is intellectual property theft in China? Why does it happen? How can it be stopped? Paul Goldstein, a professor at the Stanford University Law School discusses the issues around intellectual property theft and trade.
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