| In 2004 the U.S. government estimated that piracy within China costs American companies $20-24 billion a year, and if one includes European and Japanese firms, the losses on account of Chinese piracy are in excess of $50 billion annually.
While the Chinese government, since joining the WTO, has made greater efforts to halt piracy, successes have been minimal since China is first grappling with the creation of a modern legal structure that includes laws, enforcement mechanisms, and a dispute resolution process.
To assist U.S. and European companies protect their intellectual property right while doing business with China, InterLingua Legal Publishing has introduced two new publications.
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The first is a translation of the Special Report produced by Nikkei BP, Japan’s leading business publisher, “INTELLECTUAL PROPERTY STATEGIES IN ASIA: Protecting against Chinese, Taiwanese, and Korean Intellectual Property Piracy.” The 140-page report analyzes the steps that large, multi-national corporations are taking to protect their patents, copyrights, and trademarks, and it offers a number of case studies and detailed descriptions of actions taken. |
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The second publication is a monthly, electronic newsletter titled “CHINA IP INFRINGEMENT NEWSLETTER” The newsletter summarizes: IP cases decided in the Chinese courts; IP-related news items appearing in the Chinese media; and, laws and policies relating to IP enacted by the Chinese government. |
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