Electronic Business, October 1st, 2006
By Sally Cole Johnson, Contributing Writer China is making significant strides to improve its legal proceedings and procedures since joining the World Trade Organization in 2001 and is also busy cracking down on enforcement of intellectual property (IP) rights to change the world's perception about its out-of-control counterfeiting and piracy problems. There are, however, other troubling concerns beginning to surface about obtaining patents in China. Worldwide IP theft is a growing problem that costs the U.S. industry roughly $250 billion annually, according to the U.S. Chamber of Commerce. ...
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