ALTHOUGH CHINA STARTS TO INNOVATE FOR THE WORLD, IPR PROBLEMS STILL REMAIN A CONCERN

When conducting business in China, intellectual property protection (IPR) is one of the essentials one needs to pay attention to. In the 1990s and early 2000s, when China was trying to boost its economy and become more important global player, IPR infringements were an important part of that stage. In one of his books, market analyst Shaun Rein describes this as the copycat stage – when the easiest way to get ahead and please the was to simply copy (or get inspired) by successful business models, technology, fashion items, etc.

DÉJÀ VU IN DONGYING

Less than three weeks since catastrophic explosions in Tianjin claimed the lives of 158 people, shortcomings in China’s safety standards and regulations have been horribly exposed once again, this time 300Km from the original blast site. The new incident comes shortly after explosions rocked a fireworks plant in the northwestern province of Gansu.