By Jeff Ferry, CPA Chief Economist On January 16th, a grand jury in the US District Court in Seattle, Washington indicted Chinese telecom equipment maker Huawei for theft of trade secrets and attempting to corruptly obstruct a civil lawsuit.  The indictment contains an extraordinary amount of detail on Huawei’s industrial espionage practices and its theft…

Editor’s note. The release of this list is required under the Trade Promotion Authority/Fast Track law. It is a precursor to future implementing legislation that congress will consider as the vehicle to approve the USMCA. An International Trade Commission study will also be released in the near future, which the law requires.  U.S. Trade Representative…

Editors note: In China, “stealing is regarded as a national development strategy and a patriotic duty.” Catch-up is how economists explain the success of China and other fast-growing developing economies. Not having to invent the wheel, the microchip or the theory of continuous improvement is a distinct advantage over having to invent them. [Holman W. Jenkins,…