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China says very concerned about US report on IP theft

China says very concerned about US report on IP theft

News
Justin Low
22/11/2018 | 07:11 GMT

Comments by China's commerce ministry

  • Won't accept new groundless accusations
  • Evaluating potential impact from US proposal to increase technology export control
  • Will take necessary steps to uphold Chinese companies' legitimate interests
  • Urges US to loosen curbs on technology exports

Well, if trade talks are set to get better, there's still this issue to come about that will sour risk sentiment. The focus on the Trump-Xi summit later this month will be on trade but if the US' goal is to cripple China in more ways than one, then finding truce in one battle isn't going to change a thing if the war is still going on.

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