Intellectual property: at risk? (patents in China's chemical industry)(includes related article on E.I. du Pont de Nemours and Company Inc.) (Industry Overview)

Chemical Week, August, 1994 by Wood, Andrew; Young, Ian

Chinese chemical companies have been notorious for violating international patent rules and have often profited from duplicating chemical synthesis processes. However, the Chinese government revised its patent laws in Jan 1993 and signed the International Patent Cooperation Treaty in Jan 1994 in order to curb intellectual property abuses. Many companies have reduced the risk of patent violations by forming wholly-owned subsidiaries in China or by selecting trustworthy partners for joint ventures.

China attaches great importance to acquiring foreign technology from overseas to improve its economic performance. But because of the cost and relative difficulty of obtaining foreign know-how in the past, many of China's industries--most notably pharmaceuticals and...

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