Question

How much is the dollar value of chinese government/corporate theft of intellectual property value at? what its your source?

Answer 1

Answer -

According to reports , President Trump announced stiff new tariffs in March, hitting back at China for what he calls “the unfair and harmful acquisition of U.S. technology.” According to a 2017 report by the United States Trade Representative, Chinese theft of American IP currently costs between $225 billion and $600 billion annually.

Intellectual property, or IP, theft has been a major contentious issue in trade talks between the Trump administration and China.

Chinese IP theft has cost the United States $225 billion to $600 billion a year. No wonder, then, that getting China to better protect IP is a point of rare consensus among both the White House and the Democratic leadership.

But history tells us to be cautious; Washington’s demands are unrealistic. Countries do not enact strong IP rights systems until their ability to innovate at home displaces reliance on outside knowledge. The United States’ own centurylong drift toward strong protections is a case in point.

President Donald Trump has slapped tariffs on $50 billion worth of Chinese goods, taking aim at China's theft of US intellectual property. The United States has long said that intellectual property theft has cost the US economy billions of dollars in revenue and thousands of jobs.