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China

Intellectual Property: Copyright challenges are “being addressed” by China

The world’s largest online community is grappling with challenges it faces in protecting intellectual property rights (IPR), says an expert. The US Congressional International Anti-Piracy Caucus on held recently listed China as one of the world’s five-worst offenders in violating copyright […]

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China Economics

Intellectual Property: U.S. claims victory in WTO complaint on China piracy, China vows copyright cooperation

The United States claimed victory recently in a groundbreaking World Trade Organization case against China for failing to protect and enforce copyrights and trademarks on a wide range of goods. ‘Today, a WTO panel found that a number of deficiencies in China’s IPR (Intellectual Property Rights) regime are incompatible with its WTO obligations,’ acting U.S. Trade Representative Peter Allgeier said in a statement. The International Intellectual Property Alliance, a coalition of U.S. music, movie, book and software industry groups, conservatively estimates that piracy in China costs them more than $3.7 billion in lost sales. The WTO ruling means China and other nations ‘can’t simply go through the motions’ of protecting intellectual property, but must provide effective results, Neil Turkewitiz, an executive vice president at the Recording Industry Association of America, said in a statement…