TRADE
Published 2 hours ago
US takes on China over marketplace 'cheating'
By William La Jeunesse | Fox News
China accused of stealing business practices, trade secrets from US
Charlotte Pipe and Foundry was founded in North Carolina 117 years ago. The company is one of only three surviving domestic pipe manufacturers.
Company officials attending a foreign trade show recently were stunned when one looked over to see the Charlotte name, colors and logo posted above a booth advertising a table of iron and plastic fittings stamped with the Charlotte name.
"It just represents the broader Chinese strategy. They don't recognize international norms when it comes to IP [intellectual property] protection," said Charlotte vice president Bradford Mullen. "They are constantly pushing the envelope and we just think it is a threat to our company and our country."
Charlotte sued the Chinese company Yitai Plastics of Shanghai in 2017 for allegedly stealing its trademark. Records show Yitai registered the 'Charlotte' trademark in China in 2007 and in Singapore in 2015. Mullen said most countries Yitai would have had to stipulate in legal documents the integrity of the trademark. Not China.
"We see that across a broad range of industries where they've stolen technology, they steal intellectual property, they counterfeit products. It's rampant," said Mullen.
READ MORE: https://www.foxnews.com/us/us-takes-on-china-over-marketplace-cheating
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