Responsibilities of a Major Player in the Global Economy

February 2, 2012 | Intellectual Property

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Speaking at the Bloomberg LINK China Conference, Robert Hormats, Under Secretary of State for economic growth, energy and the environment, stated that China would benefit from complying with global economic and trade standards, specifically with respect to intellectual property protection.

As China is a major player in the global economy, there is the expectation that it should assume greater responsibility, especially because “playing by the rules” is in its best interest, ensuring long-term economic growth in the country.

Ahead of Chinese Vice President Xi Jinping’s official state visit to Washington, DC later this month, learn more about Under Secretary Hormats’ views on China’s role in the global trading system.