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Feb 17 (Reuters) – E-commerce web-sites operated by China’s Tencent Holdings Ltd (0700.HK) and Alibaba Group Keeping Ltd (9988.HK) ended up extra to the U.S. government’s hottest “infamous marketplaces” listing, the U.S. Trade Representative’s place of work reported on Thursday.
The list identifies 42 on the internet markets and 35 actual physical markets that are documented to have interaction in or facilitate sizeable trademark counterfeiting or copyright piracy.
“This contains identifying for the very first time AliExpress and the WeChat e-commerce ecosystem, two considerable China-dependent on-line markets that reportedly aid significant trademark counterfeiting,” the USTR workplace claimed in a statement.
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China-primarily based on the net markets Baidu Wangpan, DHGate, Pinduoduo, and Taobao also proceed to be part of the checklist, together with 9 bodily marketplaces found in just China “that are identified for the manufacture, distribution, and sale of counterfeit merchandise,” the USTR office environment mentioned.
China does not concur with the U.S. government’s conclusion to include some e-commerce websites in its notorious markets checklist, calling the motion “irresponsible,” the Chinese ministry of commerce said on Friday. study a lot more
Alibaba said it will carry on operating with government agencies to tackle considerations about mental house protection throughout its platforms.
Tencent claimed it strongly disagreed with the choice and was “dedicated to performing collaboratively to take care of this make a difference.” It added that it actively monitored, deterred and acted upon violations throughout its platforms and experienced invested considerable means into intellectual property rights security.
Inclusion on the record is a blow to the popularity of corporations but carries no direct penalties.
Industry bodies including the American Clothing and Footwear Affiliation (AAFA) and the Movement Photo Association welcomed the launch of the report by the USTR.
The USTR place of work stated in a independent report unveiled on Wednesday that the United States wants to go after new techniques and update its domestic trade applications to offer with China’s “state-led, non-market guidelines and practices.”
The United States and China have been engaged in trade tensions for yrs around problems like tariffs, technological know-how and intellectual residence, between some others.
The United States has stated that China had failed to make great on some commitments less than a so-known as “Stage 1” trade settlement signed by the administration of former President Donald Trump. read through more
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Reporting by Kanishka Singh in Bengaluru Modifying by Sandra Maler, Lincoln Feast and Mark Porter
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