Lawmaker Proposes Sanctions to Counter China’s Theft of Trade Secrets
Rep. John Curtis, R-Utah, introduced a bill March 11 that would impose financial sanctions on Chinese companies, government entities and individuals who engage in a “pattern of significant theft” of U.S. intellectual property. Curtis’ proposed ‘‘Combatting China’s Pilfering of Intellectual Property Act,’’ or ‘‘CCP IP Act,’’ was referred to the House Foreign Affairs and Judiciary committees.
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A House Republican task force that Curtis served on in 2020 said that IP theft is a key part of China’s strategy to overtake the U.S. as a global leader in technology (see 2009300015).