China expresses regret at US move to file WTO challenge


China's lending to S.Pacific islands from almost zero to $1.3 bln in a decade. One-third of countries that recognise Taiwan are Pacific islands.

BEIJING: China's commerce ministry said on Saturday that China expressed regret at the United States for filing a challenge at the World Trade Organization, adding that it has always respected WTO rules.

The office of the U.S. Trade Representative Robert Lighthizer said on Friday that the USTR had filed a request for consultations with China at the WTO to address "discriminatory technology licensing agreements".

China has been consistent in highly valuing the protection of intellectual property, the ministry said in a statement on its website.

China has taken strong measures to protect the legal rights and interests of both domestic and foreign owners of intellectual property, the ministry said. - Reuters

 

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Shell says it remains committed to mobility business in Malaysia
Federal Court rules in SC’s favour, Ricky Wong’s leave application dismissed
Regional expansion to bode well for CTOS
Miti: Semiconductor industry offers Malaysia chance for exponential growth
Ringgit slightly higher at the close
Awantec to strengthen its synergistic offerings to drive growth
Bursa Malaysia hits all-time high market capitalisation of more than RM2 trillion
Sapura Energy gets US$1.8bil worth of PLSV-related contracts
OCK enters tower leasing agreement, marks debut into Laos
AmBank, CGC announce additional RM400mil under the SME Portfolio Guarantee Scheme

Others Also Read