China Expresses 'Strong Dissatisfaction' With U.S. Trade Probe
Wendy Cutler, vice president at Asia Society Policy Institute, talks about concerns over China's use of intellectual property from U.S. companies. She speaks on 'Bloomberg Markets.' (Source: Bloomberg)
China expressed "strong dissatisfaction" with the U.S. decision to probe its intellectual-property practices and pledged to respond if needed.
The U.S. is irresponsible because it’s conducting the review under domestic laws and disregarding World Trade Organization rules, the Ministry of Commerce said in a statement Monday. The accusations against China aren’t objective and the probe sends the wrong signal as the countries are already making progress on separate negotiations, the ministry said, adding that the international community and U.S. industries will oppose the investigation.