WTO finally pulls up errant China
China has had so many issues with patents that it could actually patent its expertise on restricting intellectual property and on giving nightmares to copyright owners! The dragon has lost yet another trade battle with the US in the World Trade Organisation in August 2009 – it’s third loss to the US since last year.
The gilded cage that China has created by restricting imports of DVDs, music, books, software is described by the panel as discriminatory and not in line with the policies of WTO. In 2007, 11.7 million Americans were employed in these copyright industries and foreign sales totalled $126 billion in 2007 – thus, the damage done to American businesses is significant. The international theft of all kinds of intellectual property has resulted in the loss of 750,000 American jobs. And because of its sheer size and lousy copyright laws, China has long been the focus of American and global concern.
China has also restrained the number of foreign films that can be released on her own soil to 20 each year. This policy has given birth to rampant piracy across the country, where movie or music DVDs are available at sums as paltry as $1.
China has had so many issues with patents that it could actually patent its expertise on restricting intellectual property and on giving nightmares to copyright owners! The dragon has lost yet another trade battle with the US in the World Trade Organisation in August 2009 – it’s third loss to the US since last year.
The gilded cage that China has created by restricting imports of DVDs, music, books, software is described by the panel as discriminatory and not in line with the policies of WTO. In 2007, 11.7 million Americans were employed in these copyright industries and foreign sales totalled $126 billion in 2007 – thus, the damage done to American businesses is significant. The international theft of all kinds of intellectual property has resulted in the loss of 750,000 American jobs. And because of its sheer size and lousy copyright laws, China has long been the focus of American and global concern.
China has also restrained the number of foreign films that can be released on her own soil to 20 each year. This policy has given birth to rampant piracy across the country, where movie or music DVDs are available at sums as paltry as $1.
Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
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IIPM – FLP (Flexi Learning Program)
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)
