Well-known Chinese news site Sina (NASDAQ: SINA) recently reported that the United States Trade Representative (USTR) just released the so-called “2021 Counterfeit and Piracy Notorious Market Report.” AliExpress and Tencent’s WeChat and Ecosystem were newly included in this year’s list. Chinese companies such as Pinduoduo (NASDAQ: PDD), Taobao and Baidu (NASDAQ: BIDU) Netdisk, which had made it to the list before, remain listed. In total, the USTR Report identified 42 online and 35 brick-and-mortar markets around the world, which the report states, “are reported to have engaged in or facilitated substantial trademark counterfeiting or copyright piracy.” The USTR Report reflected what the Biden-Harris administration called “worker-centric trade policies.” U.S. Trade Representative Katherine Tai claimed that “global trade of counterfeit and pirated goods undermines critical U.S. innovation and creativity, harming American workers.” In recent years, the United States has used export control as a tool of political suppression and economic bullying and has continuously taken unilateral measures to suppress and contain other countries’ enterprises, institutions and individuals, creating difficulties and obstacles, jeopardizing the international economic and trade order, as well as free trade rules. As early as January 12, 2018, the Office of the United States Trade Representative issued a so-called report on intellectual property protection in 2017, in which 9 Chinese markets were included in the list of “notorious markets.”
Source: Sina, February 18, 2022
https://cj.sina.com.cn/articles/view/1887344341/707e96d5020017pw9