United States-China Trade Relations: the Intellectual Property Protection Problem

Author(s):  
Meihua Chen ◽  
Tao Jin

In a knowledge economy, intellectual property is highly related to core competency of an organization. Without proper protection, the competitive advantage is vulnerable to imitation and counterfeiting. Intellectual property protection can be seen as information and knowledge activities that are taken to prevent trademark, patent, copyright, and trade secret infringement. Between the United States and China, there is an intense and enduring controversy on intellectual property protection. Many previous relevant studies on this issue adopted a legal and governance approach, rarely focusing on the effect of cultural differences on these information and knowledge practices. This paper reports the theoretical exploration portion of an on-going empirical research on the cultural influences that impact intellectual property protection in the two countries, aiming to draw some implications for the field of knowledge management.


2019 ◽  
Vol 5 ◽  
pp. 1
Author(s):  
Manjula Jain ◽  
Saloni Saraswat ◽  
◽  

The US–China trade relationship has expanded immensely after China’s reformation of its economy and liberalization in 1979. A very huge amount of trade takes place between the United States and China in terms of monetary value and quantity. China benefits the United States in several forms other than just trade, such as US firms seeking investment opportunities in China for their assembly units. Subsequently, China holds a huge amount of US treasury securities, and purchases US debt securities, which helps them to keep their interest rates low. However, even after the development of such a trade relationship, the United States has certain concerns relating to China’s intentions. From the United States’ point of view, China is not involved in a fair practice of trade. China has imposed state-directed policies that bend the flow of trade and investment opportunities. Furthermore, the United States has allegations against China pertaining to the issue of intellectual property rights along with mixed records on implementation of WTO obligations, establishment of procedures for impacting the value of its currency and restrictions on FDI. The United States claims that such policies from China’s side make a great impact on the US economy and thus is the concern of the Congress. The current president, Mr. Donald J. Trump, has pledged to promote the free and fair trade policy. So his administration has taken some severe steps to reduce the US bilateral trade deficit. The president first announced the imposition of tariffs on steel and aluminum at 25% and 15%, respectively. To this action of the United States, China retaliated by raising the tariffs on various goods that are imported from the United States. Furthermore, the United States claimed that it would take actions against Chinese intellectual property rights policies that could be a hindrance to the US stakeholders. Later, the United States released a two-stage plan to impose tariffs on Chinese imports that would directly affect Chinese industrial policies for which again there was retaliation by China by releasing their own two-stage plan for American imports that would adversely affect American industries. This paper is an attempt to analyze the effect of the trade war between the United States and China and briefly discusses about the impact of this war on China and the probable measures implemented by the country.


2017 ◽  
Author(s):  
Krista L. Cox

The United States has some of the highest standards of intellectual property protection in the world, though many copyright and patent laws in the United States are limited through balancing provisions that provide exceptions to the exclusive rights conferred by the intellectual property system. The United States has engaged in efforts to raise intellectual property standards worldwide through creation of new global norms, such as through negotiations of free trade agreements like the currently negotiated Trans-Pacific Partnership Agreement. Higher levels of intellectual property protection may be unnecessary to attract investment in developing countries. In fact, increasing intellectual property standards may actually result in negative impacts on development for low- and middle-income countries. This paper examines the role of intellectual property rules in attracting investment for developing countries. It uses the proposals for the TPP's intellectual property chapter as an example on how higher levels of intellectual property enforcement may harm rather than promote investment.


Author(s):  
Anna Sergeevna Iuniushkina ◽  
Kristina Alekseevna Shapovalova ◽  
Evgeniya Yur'evna Katkova

Confrontation between the two most economically developed countries and the advent of coarse trade wars has disturbed the international arena in 2017. One of the causes for such contradictory relations is presidency and election campaign of Donald Trump, who actively advocated the need to change the structure of relations between the United States and China. This article is an attempt to get a grasp on the origins of contradictions, trace the chronology of the development of trade wars, and carry out a comprehensive analysis of the methods and instruments used by the governments of both countries to resolve the conflict. The key goal of this research is to determine the main causes underlying the trade-economic rivalry between China and the United States, as well as the prerequisites for the emergence of trade wars between the countries. Special attention is given to the U. S. – China contradictions during the presidency of D. Trump. Methodological framework is comprised of theoretical methods of analysis, synthesis, and comparison, as well as systematic approach for examining the key challenges emerging in the trade relations between China and the United States, and mechanisms for overcoming them. In the studying the in-depth motives of the modern conflict, the authors referred to the power transition theory, which clarifies the origins of contradictions between the countries. The novelty of this work consist is consideration of the current stage of U. S.  – China trade war, which continues despite the outbreak of the worldwide COVID-19 pandemic. The conclusion is made that the contradictions between PRC and the United States are of compound, and thus, not limited by contradictions in the trade-economic sphere, which conditions for long-run conflict.


2005 ◽  
Vol 4 (S1) ◽  
pp. 179-219 ◽  
Author(s):  
Robert Howse ◽  
Damien J. Neven

As usual the authors have divided their labor, based on expertise. In particular, the economic analysis in section 4 was the responsibility of Damien Neven; Robert Howse’s own understanding of the costs and benefits of international trade law rules with respect to intellectual property protection in general depends on a rather different framework for analysing the problem. However, in so far as the legal and economic analysis of the Havana Club case itself is concerned, which deals only with trademarks as a form of IP protection, the authors are in agreement.


2008 ◽  
Vol 7 (3) ◽  
pp. 61-95 ◽  
Author(s):  
Wing Thye Woo

China has been accused of exchange rate manipulation that has caused large U.S. trade deficits, which have reduced U.S. welfare by increasing unemployment and reducing wages. In fact, the strong claims by some observers that the trade imbalances are deeply deleterious to China's welfare almost make it a moral imperative for the United States to use tariffs to force an renminbi (RMB) appreciation for China's own good.


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