Locke details challenges of IP enforcement in China

The Obama administration used the occasion of Hu’s visit to announce dozens of deals it claims will increase U.S. exports by more than $45 billion and boost China’s investment in the United States by several billion dollars.

“From machinery to software, from aviation to agriculture, these deals will support some 235,000 American jobs,” President Obama said.

Locke said China faces “real and significant challenges” and said ensuring market reforms continue under the ruling Communist Party would take constant vigilance not just from the U.S. but all countries and industries around the globe.

“We’ll also need vigilance from Chinese business and government leaders, who themselves have a strong stake in ensuring that China is friendly to global innovation and international competition,” Locke said.

“The bottom line is that improved implementation of China’s WTO [World Trade Organization] commitments will lead to a more balanced trade relationship that will create countless benefits for both of our countries.”