What Is Intellectual Property, and Does China Steal It?; Bloomberg, December 4, 2018

Grant Clark, Bloomberg; What Is Intellectual Property, and Does China Steal It?

"7. Is this a new gripe by the U.S.?

It’s a longstanding issue. That 2011 report by the U.S. International Trade Commission estimated that U.S. IP-intensive firms lost $48 billion in 2009 because of Chinese infringements. A 2016 USTR’s report highlighted serious problems, especially concerning the theft of trade secrets. "Offenders in many cases continue to operate with impunity," the report said."