Victims of intellectual property theft will be compensated, Xi Jinping tells world leaders Chinese leader also says a channel will be set up for foreign firms to make complaints and Beijing will take ‘major steps’ to further liberalise economyhttps://www.scmp.com/news/china/diplomacy/article/3016578/victims-intellectual-property-theft-will-be-compensated-xi …
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As real as that $25.00 Rolex on sale on Canal St.
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Has there been any real fentanyl progress?
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What’s ridiculous is that Hong Kong has one of the best arbitration courts in the world. I doubt any courts set up in Mainland China would offer similar government standards. https://www.doj.gov.hk/eng/public/arbitration.html …
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If real, it might well (help to) solve the balance-of-trade issue. Not just a part of the price of exports, but a (small) amount on each sale within China. Would also help China by incentivizing patentable innovation by Chinese companies.
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They probably already have a printing press ready to pay all fines.
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It’s easy. It’s not remotely possible for them to know what theft happened. At best big companies with high visibility will pay their licenses more systematically although I am not sure tgey weren’t already.
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I know my small company see very few licenses sold to Chinese (although it seems to be increasing). So small chinese business, they typically don’t pay for the app they use. Meanwhile we do pay for their hardware. Bunch of crooks.
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I would think IP infringers operate much like criminal gangs there. Does anyone know the most costly IP infringement is? Is it knock off clothing and such?
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Talk is always cheap
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Sounds not very.
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