US: China's theft of trade secrets a major concern
Published on May 1, 2014 1:23 AM
WASHINGTON (AFP) - Washington said Wednesday that China's efforts to steal US trade secrets are of "significant concern" as it again listed the country as a major violator of intellectual property rights.
In its annual "Special 301" report on IP rights violators, China led 10 countries on the US Trade Representative's "priority watch list", marking its 25th year on the list.
Despite some improvement in cooperation over combating counterfeit products and software and entertainment piracy, the USTR said, China is still the center of huge losses for US rights holders.
IP rights holders still face "serious obstacles" to enforcing their rights in all forms inside China, the report said.
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