Kyle Bass: China's stealing needs confronting

Hedge-fund manager Kyle Bass thinks the US should confront China over the stealing of its technology.

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Kyle Bass, founder, Hayman Capital Management
(Image credit: 2016 Getty Images)

China has "stolen $2trn to $3trn in intellectual property" from America over the last decade, claims hedge-fund manager Kyle Bass. That needs to be addressed firmly in any trade deal if the US is to see any real benefit from the current talks, he says. "The US's number-one asset... is our ingenuity... our ability to innovate," Bass tells CNBC's Brian Sullivan. "That's our game and they're stealing our game from us. It's really important for this new agreement to be measurable and punishable."

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