News Clips

Jan. 20, 2020

Financial Times: Tech Innovation Needs a Level Playing Field by Rana Foroohar

America used to be the world’s premier technology innovator and China its best duplicator. But the roles are shifting, as has been shown by two major business stories of 2020: the signing of phase one of a US-China trade agreement, and the battle between Google and the wireless speaker maker Sonos.

The administration of US president Donald Trump touted the former as a major concession by China, which has vowed to strengthen its intellectual property protection. In fact, the deal merely repackages changes that China has already made over the past two years, strengthening court jurisdiction over IP cases and making it easier for US companies to collect damages.