Sino-US deal to spur trade
THE clinching of an intellectual property rights agreement between China and the United States is expected to pave the way for investments from US corporate giants to the mainland.
US Deputy Assistant Trade Representative Lee Sands said: 'You're talking about giants here, major companies like Microsoft.' He described the negotiations as a 'marathon session' and said that opportunities for high-technology, audio-visual, recording, software and others had been enhanced.
Contrary to numerous reports, he said the negotiations might have been intense, but not tense.
He said the US had established good relations with China after four years of talks on the intellectual property rights issue.