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Bringing intellectual property rights to China
Many western business leaders have long regarded China with trepidation when it comes to intellectual property rights. Rumours abounded of western companies outsourcing their manufacturing to Chinese factories, only to see the goods go out the back door to be sold as counterfeits. Quick-off-the-mark Chinese opportunists have been known to hijack well-known brands—including those belonging to Apple, Inc.—by registering them as trademarks. The situation is rapidly changing, however.
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