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Chinese Draft Law Would End Forced Technology Transfers

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

takyon writes:

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: 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.