China’s IP Theft Remains a Thorny Issue in Trade Talks

By Emel Akan

Comments October 29, 2019 Updated: October 29, 2019

WASHINGTON—Whether the United States and China will sign the first part of a trade deal at the APEC meetings in Chile isn’t yet certain, and one obstacle in the ongoing talks is China’s stance on intellectual property. This is one of the most problematic issues in the trade talks, as Beijing wouldn’t “move the needle” much to meet U.S. demands, a China expert says.
Optimism surged after the world’s two largest economies announced on Oct. 11 that they had reached a partial trade agreement, in principle, on intellectual property, financial services, and agriculture.
President Donald Trump called the agreement “a very substantial phase one deal,” that suspended October tariff hikes on Chinese goods. Beijing has agreed to boost purchases of U.S. farm goods and made progress in opening its financial services markets to U.S. banks.
However, there’s still a sense of skepticism when it comes to Chinese concessions on intellectual property (IP) rights.

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