[backtothestreets]

There's a lot this story doesn't mention.  Here's a quote from the US Trade Representative's (USTR) office.

"-- Failing to protect intellectual property rights (IPR). Enforcement of IPR laws was "seriously inadequate," the report said, noting a US estimate that the value of counterfeit goods in China amounted to 19 billion to 24 billion dollars. Estimated US losses exceeded 1.8 billion dollars a year."

This is costing me between 10K and 40K daily in lost royalties alone.  It is keeping me from increasing my staff.

WE SHOULD NOT CONDUCT BUSINESS IN ANY COUNTRY THAT DOES NOT RECOGNIZE INTELLECTUAL PROPERTY RIGHTS.

I've no intention of introducing any more products until our government has signed a treaty with China that protects our Constitutional rights.

Article. I. Section. 8. Clause 8:

"To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries"

[Lael]

WE SHOULD NOT CONDUCT BUSINESS IN ANY COUNTRY THAT DOES NOT RECOGNIZE INTELLECTUAL PROPERTY RIGHTS

India forbids itself from recognizing Patents on Pharmaceuticals.

[GOP_1900AD]

I feel for you. I am taking it on the chin as well. Globalism made me rich during the 1990s, but today it has turned into a monster, I doubt my current line of business can continue without radical changes to the environment, or, some major externally imposed new conditions.

[AmericanVictory]

It is indeed ironic that the large corporations that have become such large pillagers of intellectual property rights are now constrained to complain that that which they have pillaged is being pillaged by others. What, the "submarine patent" falsehood will not deter the heathen Chinee? Egad!