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June 26, 2019

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Mudslinging no cure for trade woes

Ahead of a meeting between Chinese and US leaders at this week鈥檚 G20 summit in Osaka in Japan, some US officials have taken the wrong attitude by hyping up the 鈥淐hina threat,鈥 an unhelpful move to resolving trade issues.

In an interview with Fox Business, White House trade adviser Peter Navarro once again brought up unjustified blame on China for 鈥渇orcing technology transfers鈥 and 鈥渉acking our computers.鈥

Navarro also said that 鈥渢he theft of intellectual property and trade secrets鈥 is the central reason the United States has taken an aggressive stance on the trade imbalance with China.

It is not a new trick for some US officials to defame China with groundless accusations. By sticking to a zero-sum mentality, they overlook China鈥檚 great achievements in strengthening intellectual property rights (IPR) protection.

China has set up an IPR legal system conforming with international rules and suited to its national conditions.

1.5 million applications

In 2018, China received more than 1.5 million applications for patents, ranking first in the world for the eighth consecutive year.

In addition, the value of royalties paid by China to foreign rights-holders has risen significantly, nearly a quarter of which is paid to US rights-holders.

China鈥檚 achievements in scientific and technological innovation are not something it stole.

Instead, they were earned through self-reliance and hard work.

China has created a first-class intellectual property system, Francis Gurry, chief of the World Intellectual Property Organization, said in an interview with Xinhua last year.

He added that behind China鈥檚 success has been a carefully-planned strategy by the Chinese leadership to place innovation at the heart of the economy.

Based on China鈥檚 efforts and achievements, it is easy to see that the accusations from Navarro and other US officials are merely exaggeration aimed at demonizing China.

However, they should realize that it is not only unfair to disregard China鈥檚 hard work in protecting the interests of foreign IPR holders, but also an absurd and dangerous move, which will not contribute to any equal dialogue between the two countries.


 

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