InvestorsHub Logo
Followers 829
Posts 119628
Boards Moderated 14
Alias Born 09/05/2002

Re: DewDiligence post# 16580

Monday, 11/12/2018 11:57:25 AM

Monday, November 12, 2018 11:57:25 AM

Post# of 29314
New tack on China’s IP theft?

https://www.wsj.com/articles/u-s-deploys-new-tactics-to-curb-chinas-intellectual-property-theft-1542027624

The Trump administration is broadening its China trade battle beyond tariffs with a plan to use export controls, indictments and other tools to counter the theft of intellectual property, according to people familiar with the matter.

The opening move in the new strategy came in the form of a recent crackdown by the Commerce and Justice Departments on a Chinese state-owned chip maker, which the U.S. administration accused of stealing trade secrets from Idaho-based Micron Technology Inc., the people said.

U.S. officials are looking at additional cases where they could use a similar combination of tools to fight Chinese IP theft, the people added. The officials hope that the unprecedented actions taken to defend Micron—the largest American memory-chip maker—will encourage more U.S. companies to work with the government to counter intellectual property theft.

Note: I’m putting this post in the Reply chain of #msg-140391574 because IP theft is essentially a variant of resource nationalism.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.