US and EU officers declare Chinese courts are nullifying patents of international firms in vital sectors
Chinese courts are nullifying patents of Western companies in industries deemed necessary for the nation, the WSJ reported this week. The outlet cited officers within the US and the EU, who’ve as soon as once more accused China of stealing Western applied sciences.
The officers declare Beijing is utilizing its courts and patent panels to infringe on international intellectual-property rights and assist Chinese companies, including that the efforts are targeted on industries necessary for the nation, comparable to expertise, prescription drugs and rare-earth minerals.
According to the media outlet, a US producer of X-ray tools had a decade-old patent invalidated by a Chinese authorized panel, whereas an unnamed Spanish mobile-antenna designer misplaced an analogous combat in a Shanghai courtroom.
Another Chinese courtroom reportedly dominated {that a} Japanese conglomerate broke antitrust legal guidelines by refusing to license its expertise to a Chinese rival.
The battle is targeted on the rising competitors between the US and China for technological and financial superiority. The US has positioned an ever-growing sequence of restrictions on China’s technological industries. In October, Washington banned chip exports to China.
READ MORE: Chinese report decries US hegemony
Beijing, in flip, has accused its rival of politicizing science and expertise with the intention to defend US management in these industries. While Washington has repeatedly accused China of stealing US applied sciences and misappropriating them for navy use.
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