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posted by martyb on Monday December 31 2018, @03:50PM   Printer-friendly
from the should-have-done-this-years-ago? dept.

Chinese draft law would prevent forced technology transfers:

A draft law aiming at protecting foreign investment and preventing the forced transfer of technology has been submitted for review at a Chinese legislators' meeting starting Sunday, People's Daily reported.

The country will protect the intellectual property rights of overseas investors, encourage voluntary technology transfers but forbid forced transfers using administrative measures, Minister of Justice Fu Zhenghua told lawmakers, according to the newspaper.

Also at CNBC, Reuters, Nikkei Asian Review, and Engadget.


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  • (Score: 4, Insightful) by Kilo110 on Monday December 31 2018, @04:39PM (7 children)

    by Kilo110 (2853) Subscriber Badge on Monday December 31 2018, @04:39PM (#780298)

    Chinese will just steal the IP. Either by hacking or reverse engineering.

    This law is just paper, won't change a thing until their society learns to respect foreign IP. Which will *never* happen.

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  • (Score: 2) by legont on Monday December 31 2018, @05:00PM (5 children)

    by legont (4179) on Monday December 31 2018, @05:00PM (#780305)

    The US, on the other hand, will continue to "steal" Chinese engineers, scientists, bright students and folks with capital.

    --
    "Wealth is the relentless enemy of understanding" - John Kenneth Galbraith.
    • (Score: 2, Insightful) by Anonymous Coward on Monday December 31 2018, @05:29PM

      by Anonymous Coward on Monday December 31 2018, @05:29PM (#780314)

      Chinese engineers, scientists, bright students and folks with capital

      aka spies for China

    • (Score: 3, Informative) by Sulla on Monday December 31 2018, @05:52PM (3 children)

      by Sulla (5173) on Monday December 31 2018, @05:52PM (#780320) Journal

      I had a statistics professor who came to the US for education and then stayed to teach. He said that if China wanted its students to come home maybe China shouldn't be totalitarian. He lamented that he would never be able to see his parents again because they were too poor to visit him and if he flew home he would be vanned by the government and not allowed to return. Said he often got notifications from the government reminding him how long it had been since he had seen his family and how he should put all else aside and come home to see them.

      China wants educated students, the problem is that education makes you not like tyranny. When I was attending university I often ran into immigrants from China/SE Asia/ME who appreciated the freedoms provided in the US and thought much higher of the US than people here in America do.

      --
      Ceterum censeo Sinae esse delendam
      • (Score: 0) by Anonymous Coward on Monday December 31 2018, @06:50PM

        by Anonymous Coward on Monday December 31 2018, @06:50PM (#780350)

        Quite a few find their morals are elastic, when China offers large amounts of funding and academic freedom. I wonder whether he has considered cracking open his wallet to bring his parents over...?

        if he flew home he would be vanned by the government

        Jeez, what did he do to warrant a free van ride [wikipedia.org] from the government?

      • (Score: 0) by Anonymous Coward on Monday December 31 2018, @07:06PM (1 child)

        by Anonymous Coward on Monday December 31 2018, @07:06PM (#780356)

        Don't kid yourself, Chinese students stay for one reason, they can make more money staying. Many returned to China during the US 2008 economic downturn because the prospects looked better there.

        • (Score: 2) by legont on Tuesday January 01 2019, @06:33AM

          by legont (4179) on Tuesday January 01 2019, @06:33AM (#780561)

          Sure, and American companies can make more money by transferring technology to China; "native" Americans be damned.

          --
          "Wealth is the relentless enemy of understanding" - John Kenneth Galbraith.
  • (Score: 2) by RamiK on Monday December 31 2018, @11:04PM

    by RamiK (1813) on Monday December 31 2018, @11:04PM (#780419)

    While they won't steal the IP, I agree it doesn't matter and they'll definitely find a way to make sure the IPs are transferred and won't let foreign investors use local sock puppets to hold the patents for them.

    Last time we've ran the ball around I think progressive taxation on licensing was the best guess? Right now I'm thinking something like a property insurance but for IP. That is, the more value it has, the higher is the premium. And the premium will reflect the risk for the insurers so foreigners that can just ran away and avoid extradition for not paying a local tax would naturally incur huge risks...

    Yeah. Something like that would work nicely.

    --
    compiling...