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China Becoming Intellectual Property Powerhouse
eldavojohn writes "A lot of Westerners view China as little more than the world's factory manufacturing anything with little regard to patents, copyrights and trademarks. But it seems as far as patents go, China is moving on up. According to the WIPO, the company that applied for the most patents in 2008 was not an American or Japanese company but China's Huawei Technologies. And China has made astonishing ground recently moving up to third place with 203,257 patent applications behind Japan (500,000) and the United States (390,000). It remains to be seen if these patents applications will come to fruition for China but it is evident that they are focusing on a new image as a leader in research and development. The Korean article concentrates on 2008 but you can find 2009 statistics at the WIPO's report on China along with some statistics breaking down applications by industry."
I have not yet heard of cases where China does this but U.S.A have been know to do this on regular basis.
Dont really add anything to humanity, but great to keep a cartel, monopoly alive or sure up a loss leader until it has traction.
Sounds more like buying a place in legal system/national pride based on pure numbers.
Domestic spying is now "Benign Information Gathering"
You mean when the rest of the world runs out of oil and the USA finally opens its lands for oil drilling, thus giving the USA a monopoly on oil reserves and the only highly mobile and effective Military in the world? Yes, then the USA will pay China off with fuck you or you'll get bullets and bombs. Until then, we trade them paper for real goods. When World War 3 starts (and it will), how valuable do you think that Chinese debt will be?