China’s Xi Jinping Signals Higher Focus On IP, Market Opening To Ease US-Sino Tensions, But Global Leadership Friction In Innovation To Persist 15/11/2018 by John Zarocostas for Intellectual Property Watch Leave a Comment SHANGHAI, China — The President of China, Xi Jinping, in a keynote address on 5 November to political and business leaders attending the opening of the first China International Import Expo (CIIE) in Shanghai sent a strong diplomatic signal that Beijing will push ahead with further opening up of the economy to more international competition. In a move to try and ease US-Sino tensions Xi also indicated China will take proactive steps to boost protection of intellectual property rights (IPRs), including harsher penalties against violators – a major grievance for the United States and the pivotal issue in the escalating trade war between the world’s two largest economies.
WEF: US Most Competitive, But Idea Generation, Agility Will Shape Future Growth 17/10/2018 by John Zarocostas for Intellectual Property Watch Leave a Comment The generation of ideas, entrepreneurial culture, openness, and agility – by companies, policymakers, and workers – to adapt quickly and embrace change and not resist it, are factors that will have the greatest impact in driving growth and competitiveness in the years ahead in a world increasingly transformed by new, digital technologies, a report by the World Economic Forum said.
Analysis: Move To Contain Global Challenge By Ascending China At Play In Escalating Trade War Between Washington And Beijing 19/09/2018 by John Zarocostas for Intellectual Property Watch Leave a Comment The latest escalation in US-Sino trade tensions following the announcement by President Donald Trump on 17 September that the US will slap 10 percent punitive tariffs on $200 billion worth of Chinese goods imports effective on 24 September and increase them to 25 percent on 1 January 2019, and China’s counter-salvo announced on 18 September to impose tariffs of between 5 and 10 percent on $60 billion worth of US goods imports to kick in on 24 September may prove difficult to ease back from the brink.
Trading Partners Led By US, EU, Take China To Task In WTO Forum Over Weak Protection Of IP Rights 12/07/2018 by John Zarocostas for Intellectual Property Watch 2 Comments Major trading powers led by the United States and European Union took China to task in a World Trade Organization forum today (11 July) over the county’s weak intellectual property rights regime.