The Chinese have got to be kidding... #
Posted Tuesday 10th April 2007 16:26 GMT
Any fool knows that counterfeiting is absolutely endemic in China, it even has tacit approval of the State. The problem is that it's being pursued by the least credible country in the world, America uses intellectual property rights like gangster. Their entire approach to IP is nothing short of a global protection racket where any worthless and frequently generic idea (Amazon's "One-click" being a case in point) becomes patentable and entire swathes of the English language are co-opted as trademarks and logos.
China is in a very strong position - given their economic growth and their huge reserves of foreign currency (the US practically relies on them buying dollars to keep their economy afloat) I don't think Beijing will feel under any pressure to do anything.