While confusion still reigns over the details of just what was agreed to in the G20 meeting between President Donald Trump and Chinese President Xi Jinping, clearly the issue of intellectual property (IP) was on the agenda, and, in whatever degree of detail, accusations of Chinese theft of foreign IP and its discriminatory rules against foreign patent holders.
Several days after the Buenos Aires meeting, Beijing announced new, more stringent punishments for Chinese companies or individuals caught stealing IP. In a decision memo, the Chinese government set out some 38 punishments for IP violators, including denial of access to government funding. In some ways the mere publication of the memo (which explicitly referred to American complaints) was an important concession: Until quite recently the Chinese government had officially denied that significant IP theft occurred in China.
Cyber economic espionage
Though there was no specific flagging of state-sponsored or state-directed cyber espionage, White House economic aide Larry Kudlow, who was deeply involved in the negotiations, stated that the US and China are “pretty close” to an agreement on intellectual property theft. At this writing, there are no more details.
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