US pay the price on intellectual property and tariffs - Harry Broadman

Harry Broadman

The US gained very little in its trade agreement with China, says trade veteran Harry Broadman on NBC News. The text on trade secret does not add any value, and the US firms and consumers pay the price for tariffs, he says.

NBC News:

“On trade secrets, to be honest, the language that’s in the agreement is pretty loose and generic,” said Harry G. Broadman, managing director at Berkeley Research Group who chairs the firm’s emerging markets practice. “On the face of it, I don’t see — at least on that portion of the agreement — a lot that’s significantly different from previous types of agreements.” 

Some of the practices and changes agreed to by Beijing were changes that were already in the works or had been previously agreed-upon...

“The people who are paying the tariffs are U.S. firms and U.S. consumers,” Broadman said. “It’s not clear to me what the actual economic impact will be as a dispute resolution measure to ‘threaten’ China with more tariffs.”

More at NBC News.

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How to protect your intellectual property - William Bao Bean

William Bao Bean

Protecting intellectual property is a main issue for foreign companies in China, and William Bao Bean, managing director of the Chinaccelator in Shanghai gives a few tips on how to avoid problems. First, run faster and execute better than your competitors, so they have no time to copy your IP. And, second, split up your intellectual property is several pieces, so there is not one key to your intellectual castle, he explains at China Canvas.

William Bao Bean is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers' request form.

Are you looking for more experts to manage your China risk at the China Speakers Bureau? Do check out this list.