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The Floating World
Joined: 01 Oct 2011
Location: Here
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pkang0202
Joined: 09 Mar 2007
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 Posted: Wed Dec 07, 2011 2:40 am Post subject: |
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Waht they don't tell you is that in the US, your patent and intellectual property is protected.
In China, the government will just take what they want. |
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Nowhere Man
Joined: 08 Feb 2004
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| Posted: Wed Dec 07, 2011 3:46 am Post subject: |
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Waht they don't tell you is that in the US, your patent and intellectual property is protected.
In China, the government will just take what they want. |
<<bends over further, head not in far enough>> |
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rollo
Joined: 10 May 2006
Location: China
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| Posted: Wed Dec 07, 2011 2:34 pm Post subject: |
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| Yeah the new law states that patents that may cause monopoly can be seized and utilized by the state. it is up to the Chinese government to decide what is a monopoly. This is scaring off new investment in China. Some U.s. and European companies are pulling out. The new 40% tax rate on foreigners is also causing companies to think about''reshoring". |
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The Floating World
Joined: 01 Oct 2011
Location: Here
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| Posted: Wed Dec 07, 2011 6:01 pm Post subject: |
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| rollo wrote: |
| Yeah the new law states that patents that may cause monopoly can be seized and utilized by the state. it is up to the Chinese government to decide what is a monopoly. This is scaring off new investment in China. Some U.s. and European companies are pulling out. The new 40% tax rate on foreigners is also causing companies to think about''reshoring". |
Someone didn't read the article. |
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rollo
Joined: 10 May 2006
Location: China
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| Posted: Thu Dec 08, 2011 2:59 am Post subject: |
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Read the article. The new laws that go into effect in January allow the government to seize any patent that they feel could lead to a monopoly. The Chinese government will make all decisions. The new tax on Foreigners about 37% and a new tax that if a company is not unionized they have to pay union fees decided upon by the Chinese government. Not a great place to do business at this time. There is a civil war going on in the party and government on what role foreign companies should play in China. the new leaders want to clean out the nasty foreign influences and preserve China's unique culture and of course keep all the money for themselves.
The article is all fine and good but what it is talking about is just not going to happen at this time. |
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The Floating World
Joined: 01 Oct 2011
Location: Here
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| Posted: Fri Dec 09, 2011 6:04 pm Post subject: |
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| rollo wrote: |
Read the article. The new laws that go into effect in January allow the government to seize any patent that they feel could lead to a monopoly. The Chinese government will make all decisions. The new tax on Foreigners about 37% and a new tax that if a company is not unionized they have to pay union fees decided upon by the Chinese government. Not a great place to do business at this time. There is a civil war going on in the party and government on what role foreign companies should play in China. the new leaders want to clean out the nasty foreign influences and preserve China's unique culture and of course keep all the money for themselves.
The article is all fine and good but what it is talking about is just not going to happen at this time. |
From what I read it already is happening
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| China leads the world in investment in clean-energy infrastructure, and few nations embrace potential breakthrough inventions with such zeal. That combination allows commercial development of innovations that otherwise might never make it out of labs in the West. |
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| China last year invested $49.8 billion in development of renewable-energy sources, more than one-third of total global investment in the sector, according to the United Nations. Such subsidies are helping bolster the global ambitions of China's clean-energy-gear manufacturers. |
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