China Concerned as US keeps it on Intellectual Property Watch List
May 11 , 2017
As per reports, the commerce ministry on Thursday said that China is seriously concerned as the United States is keeping it on an intellectual property watch list.
The issue of protecting intellectual property (IP) has always been an irritant between these two countries.
Even after Chinese government promised to get tough, pirated and fake goods are still widely available in the country.
The report issued by the U.S. Trade Representative in late April mentioned that it was challenging for the U.S. IP holders to protect their rights in China. It also called on China to revise its policies and rules.
Reports further revealed, Chinese Commerce Ministry spokesman Sun Jiwen said that China is eager to fortify communication on IP issues with the U.S. in order to make a better legal environment for bilateral trade.