U.S. formally launches probe of China’s intellectual property practices

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WASHINGTON (Reuters) – The United States on Friday formally launched an investigation into China’s alleged theft of U.S. intellectual property, a widely expected move following a call from President Donald Trump earlier this week to determine whether one was needed.

“After consulting with stakeholders and other government agencies, I have determined that these critical issues merit a thorough investigation,” U.S. Trade Representative Robert Lighthizer, the nation’s top trade negotiator, said in a statement.