China says it will address a key Trump demand as trade talks sputter - Business Insider

President Donald Trump, left, poses for a photo with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, Japan, Saturday, June 29, 2019.China has rolled out plans to bolster rules to protect patents, copyrights and trademarks.Intellectual property theft costs American businesses up to $600 billion a year, according to a recent ITA report.

Rules around patents, copyrights and trademarks have long been a chief complaint against China, helping to ignite a dispute between the largest economies early last year. In a 2018 US International Trade Administration, it was estimated that intellectual property theft cost American businesses up to $600 billion a year.

The move to address intellectual property rules came as China continued efforts to defuse tensions with the Trump administration, which have led to steep tariffs on thousands of products and cast uncertainty on business activity across the globe.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ex-Facebook employee, Trump campaign 'MVP' working to avert reelection - Business InsiderJames Barnes became jaded by Facebook's political advertising practices, its involvement with the Trump campaign, and the president's rhetoric. Chump I mean Trump is going to jail.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Trump Thinks He Opened A Mac Factory That's Been In Business Since 2013Donald Trump claims to have 'opened' an Apple factory in Austin on November 20, despite the fact that the factory has been making Mac products for six years.
Source: ScaryMommy - 🏆 116. / 63 Read more »

Why the bullish stock-market narrative depends on U.S.-China trade rhetoric right nowIf it feels like the stock market is blipping up or down based on the latest trade headlines, that’s because it is, according to an analysis by Société... wow that's crazy that the economy drove people's attitudes towards stocks. thank you for this valuable insight. Now add 4) us -china conflict over HK after bill passed
Source: MarketWatch - 🏆 3. / 97 Read more »