Trade Commission, Congress Examining Chinese Policies
June 15, 2010
| 4:20 PM
The International Trade Commission Tuesday began two days of hearings on the economic impact on the United States of intellectual property rights infringement in China and the country's "indigenous innovation" policies.
The ITC hearings are aimed at gathering information for two reports requested by the Senate Finance Committee's leaders. Among the issues the lawmakers have asked the ITC to examine include concerns over indigenous innovation policies that the lawmakers and U.S. business groups say favor Chinese products over foreign products.
In testimony he is expected to give to the commission Wednesday, Jeremie Waterman, the U.S. Chamber of Commerce's senior director for greater China, said, "The serious problems caused by China's innovation polices are compounded by the fact that these policies are being advanced in an overall environment of weak protection and enforcement of IP rights."
The House Ways and Means Committee also is holding a hearing on Wednesday on China's trade and industrial policies, which will examine China's indigenous innovation policies and its "failure to enforce intellectual property rights." Among those expected to testify include Business Software Alliance President and CEO Robert Holleyman and Information Technology Industry Council President and CEO Dean Garfield.
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