Saturday, March 24, 2018

How much has the US lost from China's IP theft?; CNN, March 23, 2018

Sherisse Pham, CNN; How much has the US lost from China's IP theft?

"The United States has long said that intellectual property theft has cost the US economy billions of dollars in revenue and thousands of jobs.

So just how much damage has it done?

The United States Trade Representative, which led the seven-month investigation into China's intellectual property theft and made recommendations to the Trump administration, found that "Chinese theft of American IP currently costs between $225 billion and $600 billion annually."

No comments: