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Aya Lin · · 1 min readIn brief: US places China’s Pinduoduo on ‘notorious markets’ list
- The US Trade Representative’s Office placed Pinduoduo, China’s third largest ecommerce platform, on its list of “notorious markets” for violations of intellectual property (IP) rights, Reuters reports. The blacklist includes commercial marketplaces that fail to curb the sale of counterfeit products.
- The agency’s annual review of trading partners’ protection of IP rights comes amid negotiations between the US and China on their current tariff battle.
- A spokeswoman for Pinduoduo called counterfeits “an industry-wide problem” and said the company plans to work with associations, rights holders, and regulators to clean its marketplace.
- Alibaba’s Taobao, China’s biggest ecommerce platform, is also on the agency’s blacklist.
Editing by Charmaine de Lazo
(And yes, we’re serious about ethics and transparency. More information here.)
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