China Aims to Placate U.S. With Law Banning Theft of Foreign Trade Secrets

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China has quietly amended a draft of a law to tighten up channels used to leak intellectual property. But will it help seal a trade deal with the U.S.?

In the past week, the national legislature quietly amended a draft of the law to tighten up channels used to leak intellectual property.

The draft, which is expected to be passed into law Friday, adds language to bar officials from divulging corporate secrets and threatens criminal prosecution for doing...As representatives from the U.S. and China try to hammer out an agreement on trade, the White House is seeking to stop what it calls “forced technology transfer.” WSJ’s Shelby Holliday explains.

 

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So there are channels and a law needed to tighten, but why not eliminate? Perhaps that would be killing the cash cow.

Nice, enforcement is key tho... Will Cuba enforce laws?

Trust a wild cobra but don't trust Communist dictatorship of Mainland China. While China drains USA in trade it's proxies NorthKorea & Pakistan bleed America by keeping it stuck in Afghanistan & Korean peninsula.

A foreign company will still never win a case vs a Chinese company in China’s judicial system. This law is meaningless

SOS

That's not worth the paper it written on.........too weak to be considered meaningful.......realDonaldTrump

Nope. It is getting difficult to bring them on board into my lab given the risk of theft. Sucks for the students.

Only if we can verify that China is in compliance ....

Is a statement in the form of a rhetorical question really a news headline?

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