U.S. provides e-commerce sites operated by Tencent, Alibaba to ‘notorious markets’ record

Feb 17 (Reuters) – E-commerce web sites operated by China’s Tencent Holdings Ltd (0700.HK) and Alibaba Team Holding Ltd (9988.HK) had been additional to the U.S. government’s latest “notorious marketplaces” checklist, the U.S. Trade Representative’s office explained on Thursday.

The checklist identifies 42 online markets and 35 actual physical marketplaces that are documented to interact in or facilitate significant trademark counterfeiting or copyright piracy.

“This contains identifying for the 1st time AliExpress and the WeChat e-commerce ecosystem, two sizeable China-dependent on the web marketplaces that reportedly aid substantial trademark counterfeiting,” the USTR business stated in a statement.

China-based on the internet markets Baidu Wangpan, DHGate, Pinduoduo, and Taobao also go on to be aspect of the listing, alongside with 9 bodily marketplaces situated inside of China “that are recognized for the manufacture, distribution, and sale of counterfeit products,” the USTR place of work reported.

China does not agree with the U.S. government’s final decision to include some e-commerce web pages in its infamous markets listing, contacting the action “irresponsible,” the Chinese ministry of commerce said on Friday. browse extra

Alibaba explained it will carry on functioning with government companies to handle issues about mental assets defense throughout its platforms.

Tencent said it strongly disagreed with the conclusion and was “committed to doing work collaboratively to solve this subject.” It included that it actively monitored, deterred and acted upon violations across its platforms and experienced invested major means into mental property rights security.

Inclusion on the listing is a blow to the status of companies but carries no immediate penalties.

Field bodies including the American Attire and Footwear Affiliation (AAFA) and the Motion Photo Affiliation welcomed the launch of the report by the USTR.

The USTR office environment said in a different report introduced on Wednesday that the United States needs to pursue new strategies and update its domestic trade tools to offer with China’s “condition-led, non-industry guidelines and tactics.”

The United States and China have been engaged in trade tensions for yrs more than difficulties like tariffs, know-how and mental home, among the many others.

The United States has said that China experienced unsuccessful to make good on some commitments under a so-identified as “Phase 1” trade settlement signed by the administration of former President Donald Trump. browse more

Reporting by Kanishka Singh in Bengaluru Modifying by Sandra Maler, Lincoln Feast and Mark Porter

Our Requirements: The Thomson Reuters Belief Concepts.