Chinese IP Theft Costs America Up to a Half-Trillion Annually

[endicom]

American Thinker
Spencer P. Morrison
Aug. 19, 2017

On Monday, August 14, President Trump announced that he is authorizing a public inquiry into China's predatory trade regime. Specifically, he is empowering Robert Lighthizer, the U.S. Trade Representative, to investigate China's trade policies as they relate to the theft of American intellectual property (IP). Hopefully this is the beginning of a policy shift that sees America finally address the ‘China question’ -- the systematic exploitation of America’s market by Chinese state actors.

Briefly, IP theft is a big problem because it costs America money, undermines the rule of law, and endangers America's national security.

More... http://www.americanthinker.com/articles/2017/08/chinese_ip_theft_costs_america_up_a_halftrillion_annually.html

[bigheadfred]

American Thinker
Spencer P. Morrison
Aug. 19, 2017

On Monday, August 14, President Trump announced that he is authorizing a public inquiry into China's predatory trade regime. Specifically, he is empowering Robert Lighthizer, the U.S. Trade Representative, to investigate China's trade policies as they relate to the theft of American intellectual property (IP). Hopefully this is the beginning of a policy shift that sees America finally address the ‘China question’ -- the systematic exploitation of America’s market by Chinese state actors.

Briefly, IP theft is a big problem because it costs America money, undermines the rule of law, and endangers America's national security.

More... http://www.americanthinker.com/articles/2017/08/chinese_ip_theft_costs_america_up_a_halftrillion_annually.html

Who cares if Trump is doing good things? /s

[TomSea]

China just like Russia, apparently has a lot of criminality in their regime and I'm sure the "Et Tu" types, you too, can say that about America and many other countries, Mexico for example.

But, China may well have a bit to do with the drug situation in the Philippines. They may turn a blind eye to drug smuggling in the PRC; at a minimum.

[endicom]

Who cares if Trump is doing good things? /s

Here or in the real world?

[bigheadfred]

Here or in the real world?

Trick question Tron.

I've seen plenty of unreal things out there.

[Hoodat]

On Monday, August 14, President Trump announced that he is authorizing a public inquiry into China's predatory trade regime. Specifically, he is empowering Robert Lighthizer, the U.S. Trade Representative, to investigate China's trade policies as they relate to the theft of American intellectual property (IP).

It's our own damn fault.  First of all, stealing intellectual property is considered to be good business in China.  Second of all, we have US companies setting up shop in China teaching them how to build factories and make product.  And each time one of these American-owned factories goes up, twenty identical Chinese-owned factories go up at the same time manufacturing the exact same product.

This has been going on for decades, yet American companies continue to get suckered into these sweet deals giving them more and more, all in the name of making their numbers for the year.

There is nothing to investigate.  China steals intellectual property.  It's simply what they do.  We should act accordingly.

[endicom]

This has been going on for decades, yet American companies continue to get suckered into these sweet deals giving them more and more, all in the name of making their numbers for the year.

If US companies don't then other companies will to drive the US companies out of business. Our problem is much in being overly taxed and regulated.