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15%  
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  • China to make foreign firms reveal secret info

    10/06/2008 6:09:05 AM PDT · by John_Galt_USA · 21 replies · 787+ views
    China to make foreign firms reveal secret info The Yomiuri ShimbunThe Chinese government plans to introduce a new system requiring foreign firms to disclose secret information about digital household appliances and other products starting from May, sources said Thursday. <SNIP>If a company refuses to disclose such information, the Chinese government plans to ban the firm from exporting the product to the Chinese market, as well as bar production and sales in the country, according to the sources. Critics worry that such a system risks seeing the intellectual property of foreign firms passed onto their Chinese competitors. <SNIP>However, this explanation is...