China Strengthening its IP Laws

The Chinese Government has recently stated it plans to strengthen its intellectual property laws. This is especially interesting in light of recent events where Michael Jordon successfully won a trademark infringement case against a Chinese company. China, as a growing economic power, has long been under criticism for ineffectively punishing IP infringement, despite being a WTO member. Intellectual property policies are usually related to more general concerns and this seems to be the case here. Recently, Chinese leader Xi defended globalism at the Davos forum, in an age of increasing economic isolationism. China might want to tell multinational corporations, we are open for business.

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