China: Crackdown on Intellectual Property Violations Gives U.S. Food for Thought

China has offered another concession to the United States, this time involving intellectual property (IP). On Sept. 18, China's Ministry of Commerce unveiled a four-month crackdown on IP theft. The ministry's stated goals include creating a fair, competitive market and encouraging foreign investment by limiting IP rights violations. The crackdown's targets will include outright theft of business secrets, brand-name knockoffs, and trade in goods that violate IP rights. ...