China objects to U.S. inclusion of Chinese e-commerce firms in ‘notorious markets’ list -Breaking
HONG KONG (Reuters] – China is not happy with the U.S. government’s decision to list some ecommerce sites on its “notorious marketplaces” list. It called the act “irresponsible”, the Chinese ministry for commerce stated Friday.
Tencent Holdings, an online retailer in China (OTC) Alibaba (NYSE:) Group Holding Ltd was added to the U.S. government’s most recent “notorious market” list on Thursday, according to the U.S. Trade Rep’s office.
This list includes 42 online and 35 offline markets, which are said to be involved in substantial copyright piracy or trademark counterfeiting.
China requested the United States to objectively reflect the efforts and progress of China and give a fair assessment to prevent undue adverse effects on companies, the ministry stated in a statement.
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