Economics Trend Watching

Economy in Brazil: becoming the world’s 5th largest economy by 2023

Brazil is expected to become the world’s fifth largest economy by 2023, behind only the U.S., China, Japan and India, according to projections by the Center for Economic and Business Research (CEBR, its acronym in English) […]


Intellectual Property: Copyright challenges are “being addressed” by China

The world’s largest online community is grappling with challenges it faces in protecting intellectual property rights (IPR), says an expert. The US Congressional International Anti-Piracy Caucus on held recently listed China as one of the world’s five-worst offenders in violating copyright […]

China Economics

Intellectual Property: U.S. claims victory in WTO complaint on China piracy, China vows copyright cooperation

The United States claimed victory recently in a groundbreaking World Trade Organization case against China for failing to protect and enforce copyrights and trademarks on a wide range of goods. ‘Today, a WTO panel found that a number of deficiencies in China’s IPR (Intellectual Property Rights) regime are incompatible with its WTO obligations,’ acting U.S. Trade Representative Peter Allgeier said in a statement. The International Intellectual Property Alliance, a coalition of U.S. music, movie, book and software industry groups, conservatively estimates that piracy in China costs them more than $3.7 billion in lost sales. The WTO ruling means China and other nations ‘can’t simply go through the motions’ of protecting intellectual property, but must provide effective results, Neil Turkewitiz, an executive vice president at the Recording Industry Association of America, said in a statement…

China Economics Innovation

Intellectual Property: Introduction of China’s Intellectual Property Strategy

China has promulgated its own intellectual property strategy, which is aimed at promoting innovation and the use of new technologies by China’s industries. It’s hoped that via the implementation of the strategy, all innovations will be respected and more wealth will be created…

China Design Economics

China handles 60,000 IPR infringement cases in past 5 years

China’s industry and commerce authorities have handled more than 60,000 intellectual property rights infringement cases amid stepped-up efforts in IPR protection after its entry into the World Trade Organization, according to a senior official. From 2002 through the first half of this year, the country’s industry and commerce departments at all levels have dealt with 60,203 IPR infringement cases valued at 1.4 billion yuan (186 million U.S. dollars), said Li Wenzhang, deputy director of the fair trade bureau of the State Administration of Industry and Commerce (SAIC)