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Patent Attorney Axel H Horns' Blog on Intellectual Property Law.

 

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Sunday, April 02, 2006

 

The Economist: "China Discovers the Virtues of Intellectual Property"

From EXTERNAL LINKrecent issue of THE ECONOMIST (Reg. required):
"[...] A COURT case involving counterfeits and China is nothing new - except this time, it is the Chinese company that is doing the suing. In February Netac, a company based in Shenzhen, took PNY Technologies of New Jersey to court in Texas and so became, it is thought, the first mainland firm to sue an American one for patent infringement. [...]"
Obviously this is a very interesting turning point in view of the common gossip saying that mainland Chinese business people are somewhat reluctant when it comes to IP protection ...

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