Why China Might Never Protect IP
China, Economy, Global business, blog | Comments Off
In the past couple of years, the jawboning directed toward China has moved on from IP infringement — stealing content! — to currency manipulation — stealing jobs! Last month, China found a way to blunt the pressure without actually doing very much, announcing that the value of the RMB would no longer be fixed against the dollar, but would float at a carefully managed level — not yet noticeably different from the fixed value.
And this may be essentially the same tack China has taken with the IP issue. While various efforts to tighten IP rights enforcement have been publicized, ...