The United States today dragged China to the World Trade Organisation, accusing it of unfair technology practices that run counter to the WTO rules. The US Trade Representative, Robert Lighthizer, filed a request for consultations with China at the WTO to address Beijing's discriminatory technology licensing requirements. These Chinese policies hurt innovators in the United States and worldwide by interfering with the ability of foreign technology holders to set market-based terms in licensing and other technology-related contracts, it said. As per USTR, the American US consultation request identifies apparent breaches by China of WTO rules, harming the intellectual property rights of US companies and innovators. China's measures provide less favorable treatment of foreign entities than the comparable treatment of domestic Chinese entities under the Contract Law of China, USTR alleged.

Source: dna March 23, 2018 18:56 UTC