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"(People’s Republic of China) entities should not be able to act with impunity to take advantage of distressed U.S. firms to transfer their IP to China,” he said in an emailed statement.
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That’s right! Those belong to American firms to take advantage with impunity and also make the firms distressed in the first place. Just like how it’s a war crime to use gas in war but using it on American civilians won’t even make the news unless there’s something extraordinary happening.