China’s Currency Manipulation Is A Response to Trump’s Tariffs

Many years before President Trump won the 2016 presidential election, he labeled China a country that manipulates the value of its currency to hurt the United States in trade. “When will the US government finally classify China as a currency manipulator?” Trump tweeted in 2011. “China is robbing us blind and @BarackObama defends them.”

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China refutes U.S. accusations on tariffs, intellectual property issue – Xinhua |

She said the U.S. move not only targeted China, but also regarded the whole world as an enemy, which will drag the global economy into danger, adding that the trade disputes will inhibit the growth momentum of global trade, impact the confidence of all parties in world economy, and endanger the well-being of all people.

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Chinese theft of US intellectual property ‘greatest transfer of wealth’ in history

The Chinese theft of American intellectual property, according to a former NSA director, is the “greatest transfer of wealth in history,” likely costing the U.S. upward of $400 billion per year. “I’ve stated on the record that Chinese attacks into our country is the greatest theft of intellectual property,” Keith Alexander, who served under President Barack Obama, said during an interview with FOX Business’ Maria Bartiromo on Wednesday.

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Balanced Achieved In Future Work For WIPO Patent Law Committee, Delegates Say – Intellectual Property Watch

The last World Intellectual Property Organization committee before the summer break ended on a happy note this week. After some time spent tweaking the future work of the WIPO committee on the law of patents, delegates appeared satisfied with the balance achieved.

U.S. accusing China of forced technology transfers, IPR theft unacceptable: MOC – Xinhua |

Foreign firms in China have reaped huge benefits, but the U.S. government has still accused China of forcing technology transfers and stealing IPR, which is distorting China’s reform and opening-up and historical facts, as well as disrupting commercial credit and violating contract spirit, Gao said.

China: US ‘selfish’ about intellectual property rights

President Trump’s administration has a “selfish” attitude toward intellectual property rights, a Chinese diplomat said Friday amid the White House’s crackdown on IP theft. “No one has the monopoly over the application of IPR to promote social and economic development,” Chinese Foreign Ministry spokeswoman Hua Chunying told reporters.

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With United States trade under a cloud, China opens to Indian pharma

China is preparing to give swift regulatory approvals to India-manufactured drugs, the head of an Indian export promotion group said, as Beijing looks for new commercial partners ahead of what could be a protracted trade war with the United States Indian firms are looking to fill gaps in Chinese demand for generic drugs, software, sugar and some varieties of rice, trade officials in New Delhi said.