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US adds e-commerce sites operated by Tencent, Alibaba to ‘notorious markets’ list

by 198 Vietnam News
February 18, 2022
in VIETNAM USA TRADE NEWS
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“This consists of figuring out for the primary time AliExpress and the WeChat e-commerce ecosystem, two vital China-based on-line markets that reportedly facilitate substantial trademark counterfeiting,” the USTR workplace stated in a press release.

China-based on-line markets Baidu Wangpan, DHGate, Pinduoduo, and Taobao additionally proceed to be a part of the listing, together with 9 bodily markets situated inside China “which are identified for the manufacture, distribution, and sale of counterfeit items,” the USTR workplace stated.

Alibaba stated it should proceed working with authorities companies to deal with issues in mental property safety throughout its platforms.

Tencent stated it strongly disagreed with the choice and was “dedicated to working collaboratively to resolve this matter”. It added it actively monitored, deterred and acted upon violations throughout its platforms and had invested vital assets into mental property rights safety.

Inclusion on the listing is a blow to the repute of firms however carries no direct penalties.

Business our bodies together with the American Attire and Footwear Affiliation (AAFA) and the Movement Image Affiliation welcomed the discharge of the report by the USTR.

The USTR workplace stated in a separate report launched on Wednesday the USA must pursue new methods and replace its home commerce instruments to take care of China’s “state-led, non-market insurance policies and practices.”

The USA and China have been engaged in commerce tensions for years over points like tariffs, know-how and mental property, amongst others.

The USA has stated China had did not make good on some commitments below a so-called “Section 1” commerce settlement signed by the administration of former President Donald Trump.



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