Tencent, owner of the world’s largest gaming business, is negotiating with the Committee on Foreign Investment in the United States to retain its stakes in American game developers, said sources.
Intellectual property is seen as strategically vital by both nations
China’s growing stake in IP, and obligations under its phase one trade deal with the US, have contributed to advances in its IP protection
US subpoenas Chinese communications firms in probe of national security risks
Beijing has ‘engaged in conduct that blunts our technological edge and threatens our alliances’, says Commerce Secretary Gina Raimondo
The subpoenas were served on companies that provide information and communications technology services in the United States