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Doing Business in China by Jane Menzies

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Chapter 6

Intellectual Property in China

Are the Issues All They Are Cracked Up to Be?

Intellectual Property Issues in China

China is well known as the country of the fake Gucci™ handbag, pirated DVD, and fake pharmaceuticals.1 But, how would you feel if you just had open-heart surgery and found out you had received a counterfeit copy pacemaker?2 Or would you know, after all, you could be dead? Like the ladies in the knock-off handbag shop, will the doctor ask you, “Would you prefer good quality, bad quality, or in-between, or would you like to come and see my ‘special pacemaker,’ behind the secret door?” The story continues; statistics reveal that more than half of the pharmaceuticals sold in China are counterfeit, and some of the drugs can ...

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