U.S. adds e-commerce web pages operated by Tencent, Alibaba to ‘notorious markets’ list
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Feb 17 (Reuters) – E-commerce web pages operated by China’s Tencent Holdings Ltd (0700.HK) and Alibaba Team Holding Ltd (9988.HK) were included to the U.S. government’s most up-to-date “notorious marketplaces” checklist, the U.S. Trade Representative’s place of work stated on Thursday.
The listing identifies 42 on line markets and 35 physical markets that are noted to have interaction in or facilitate significant trademark counterfeiting or copyright piracy.
“This involves figuring out for the first time AliExpress and the WeChat e-commerce ecosystem, two considerable China-based on line markets that reportedly facilitate considerable trademark counterfeiting,” the USTR place of work said in a statement.
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China-based on-line markets Baidu Wangpan, DHGate, Pinduoduo, and Taobao also continue on to be section of the record, together with nine physical markets located in just China “that are acknowledged for the manufacture, distribution, and sale of counterfeit products,” the USTR workplace explained.
China does not agree with the U.S. government’s conclusion to involve some e-commerce internet sites in its infamous marketplaces list, contacting the motion “irresponsible,” the Chinese ministry of commerce reported on Friday. study additional
Alibaba stated it will continue operating with governing administration agencies to tackle fears about intellectual property defense throughout its platforms.
Tencent stated it strongly disagreed with the selection and was “committed to performing collaboratively to resolve this make any difference.” It added that it actively monitored, deterred and acted upon violations throughout its platforms and had invested significant sources into intellectual assets legal rights defense.
Inclusion on the checklist is a blow to the popularity of corporations but carries no immediate penalties.
Marketplace bodies which includes the American Apparel and Footwear Association (AAFA) and the Movement Picture Affiliation welcomed the launch of the report by the USTR.
The USTR business claimed in a individual report unveiled on Wednesday that the United States desires to pursue new strategies and update its domestic trade resources to deal with China’s “state-led, non-marketplace insurance policies and practices.”
The United States and China have been engaged in trade tensions for yrs about troubles like tariffs, technologies and intellectual residence, among many others.
The United States has claimed that China experienced failed to make superior on some commitments under a so-called “Section 1” trade agreement signed by the administration of former President Donald Trump. browse extra
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Reporting by Kanishka Singh in Bengaluru Enhancing by Sandra Maler, Lincoln Feast and Mark Porter
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