China’s intellectual property office received a record number of 1.54 million patent applications in 2018, making it the biggest filer and accounting for 46.4 per cent of total patent filings globally as the country pushes ahead with a self-reliance drive in core technology.
The US and China struck a partial trade deal on Friday, reaching a truce in their months-long trade war that’s rattled global markets and put President Donald Trump under pressure at home. Trump announced Friday that the two sides agreed on a “substantial phase one” of a trade deal after meeting with Chinese negotiators at the White House.
CNBC’s Jim Cramer said Tuesday that the Trump administration’s move to blacklist some Chinese tech companies will hinder its chances in negotiating a trade deal later this week. “They’re torpedoing the talks,” Cramer said on “Squawk Box.” “Anybody that is hopeful, their hopes are dashed.”
The Department of Commerce added 28 new companies and agencies to its running “blacklist” of Chinese firms banned from doing business in the United States, with a notable focus on companies that specialize in artificial intelligence, machine learning and digital surveillance.
The FBI has repeatedly warned U.S. universities about visiting researchers stealing intellectual property on behalf of China. That's according to emails reviewed by the Associated Press, which paint a picture of a nationwide effort to convince colleges to be on guard against intellectual property theft. The emails underscore the extent of U.S. concerns that universities, as recruiters of foreign talent and incubators of cutting-edge research, are particularly vulnerable targets.
John C. Rood, undersecretary of defense for policy, made the assertion during a panel discussion today at the Center for European Policy Analysis Forum in Washington. "The National Defense Strategy very clearly lays out a blueprint for America's role in the world and how we see it," the undersecretary said. "It starts with recognition that in this highly complex, dynamic security environment, the great power competition has returned," he said.
The report argues that the U.S. needs to put a national security innovation strategy in place to make sure that America maintains its predominant power position in emerging technologies such as AI and data science, battery storage, semiconductors, genomics and synthetic biology, fifth-generation cellular networks (5G), quantum information systems, and robotics.
Contrary to what the mainstream media would have you believe, China is still behind and second to the United States in artificial intelligence (AI) innovation, according to Lux Research, a leading provider of tech-enabled research and advisory services for technology innovation. Over the past four years, Chinese artificial intelligence (AI) startups have received $6.1 billion in funding.
The theft of US technology by Chinese companies, many state-backed, is among the key drivers of the trade war between the two nations that is roiling the global economy. In 2018, the US Department of Justice launched a major effort to prevent China from illicitly obtaining US technology. In July, FBI director Christopher Wray said his agency had more than 1,000 open investigations into Chinese intellectual-property theft.
The Financial Times on Wednesday reported that the Pentagon is compiling a list of companies with links to the Chinese People’s Liberation Army (PLA) or Chinese intelligence services in order to protect U.S. military secrets and secure America’s supply of military equipment.