A monitor displays Nike Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Tuesday, Sept. 4, 2018.
SHANGHAI: Nike Inc and LVMH, which have long struggled against knockoffs of their famous products, praised China’s efforts to fight intellectual property (IP) theft.
US President Donald Trump has cited IP violations, including the counterfeiting of major brands, as justification for imposing tariffs on Chinese exports. But executives at the two companies were more charitable at the China International Import Expo in Shanghai on Thursday.
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