Why Is the U.S. Surrendering the Global IP System to Rights-Violating Commie China?

Don’t put the Chinese fox in charge of the global intellectual-property henhouse.

Why Is the U.S. Surrendering the Global IP System to Rights-Violating Commie China? China-red-flags

Why Is the U.S. Surrendering the Global IP System to Rights-Violating Commie China? China-red-flags

President Trump has wisely identified intellectual-property theft as a key tension between the U.S. and China, and he has properly pressured China to fully respect America’s intellectual property (IP).
So why, then, is the Trump administration risking Chinese control of the global IP system? The threat is real and immediate, but understanding it requires some background.
Different nations have their own IP systems, with varying procedures and degrees of protection for patents, copyright, and trademarks. But in a global economy, a patchwork of patent systems means that without some sort of harmonization, an inventor would have to file hundreds of different patent applications, each with its own terms, costs, and conditions.
So the developed nations set up the World Intellectual Property Organization (WIPO) in 1967 to set international IP norms, coordinate several key IP treaties, and establish a streamlined patent application, the Patent Cooperation Treaty (PCT), which allows a single patent application to be filed and respected in hundreds of countries. (My organization is an accredited non-governmental organization with WIPO.)
Over time, WIPO has invited developing countries, which tend to be weak on IP, to join the organization and its treaties in order to encourage them to improve their own IP regimes. That’s of benefit to those developing countries and critical to the United States, since in any given year around 60 percent of U.S. exports are from the IP-intensive industries. Our economy depends on the products of innovation protected by patents, trademark, and copyright, and WIPO is key to encouraging member nations not only to respect U.S. intellectual property, but also to raise their own standards of IP protection.

More: https://www.nationalreview.com/2020/02/china-wipo-us-surrendering-global-intellectual-property-system/

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Why Is the U.S. Surrendering the Global IP System to Rights-Violating Commie China?

Why Is the U.S. Surrendering the Global IP System to Rights-Violating Commie China?

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