Why the U.S. and China fight over IP

Why the U.S. and China fight over IP

Imagine Nike without the swoosh, McDonald’s with no golden arches, or Apple without the apple. Trademarks and patents can make or break a company. In the U.S. alone, intellectual property-intensive industries contribute trillions of dollars to the economy every year, and IP has become a key battleground between the world’s biggest economic powers, the U.S. and China.