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China objects to U.S. inclusion of Chinese e-commerce firms in 'notorious markets' list

Published 02/18/2022, 09:11 AM
Updated 02/18/2022, 09:15 AM
© Reuters. FILE PHOTO: The logo of Alibaba Group is lit up at its office building in Beijing, China August 9, 2021. REUTERS/Tingshu Wang/File Photo

HONG KONG (Reuters) - China does not agree with the U.S. government's decision to include some e-commerce sites in its "notorious markets" list, calling the action "irresponsible," the Chinese ministry of commerce said on Friday.

Chinese e-commerce sites operated by Tencent Holdings (OTC:TCEHY) and Alibaba (NYSE:BABA) Group Holding Ltd were included on the U.S. government's latest "notorious markets" list, the U.S. Trade Representative's office said on Thursday.

The list identifies 42 online markets and 35 physical markets that are reported to engage in or facilitate substantial trademark counterfeiting or copyright piracy.

China urged the United States to "objectively reflect efforts and progress made by China", and make a fair evaluation to avoid undue negative impacts on firms, the ministry said in a statement.

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