Politics · China · 10 hrs ago

China rejects US sanctions on five firms over alleged trade secret theft

China rejects US sanctions on five firms over alleged trade secret theft

The US sanctioned five Chinese companies on October 19, accusing them of stealing trade secrets.

The measures were made under the Protecting American Intellectual Property Act.

China’s commerce ministry strongly opposed the sanctions and said they harm the companies’ lawful interests.

The ministry said Chinese AI firms grew through research, innovation and cooperation, not trade secret theft.

It urged the US to stop targeting Chinese companies and restore fair competition.

China said it may take necessary measures if the US does not correct its actions.

2 sources

Related

What people are saying

China’s commerce ministry spokespersonMinistry spokesperson
China firmly opposes the US side smearing Chinese enterprises and imposing sanctions, and urges the US side to correct its erroneous practice as soon as possible.
via China News Service
The rapid development of Chinese artificial intelligence enterprises has benefited from long-term work in basic research and continued investment in innovation, and is the result of adhering to independent scientific and technological innovation and open cooperation; it has nothing to do with so-called trade secret theft.
via China News Service
Otherwise, China will take necessary measures to respond and firmly safeguard the legitimate rights and interests of Chinese enterprises.
via China News Service