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China Moving Toward Superpower Status via Intellectual Property Rights
When a Beijing court recently ordered three China automakers to pay more than $3 million in aggregate damages for allegedly selling a knockoff of an upscale German tour bus, it underscored that China is getting serious about intellectual property theft – one of the next major steps the Red Dragon needs to make as it evolves into a true global economic superpower.
Intellectual-property theft not only remains a major problem in the world markets – it actually seems to be escalating. And many of the worst offenders continue to operate in the Asia-Pacific Region.
Take software. Software piracy in this part…
4Jun2009 | Money Morning | 0 comments | Continued
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