Chinese Business Environment: A Lawless Wild Wonderland

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The Chinese legal system provides little protection on Intellectual Property to common Chinese people although laws are all written on paper. But if you are a powerful business man and have a strong enough support inside the government, you are free to use and manipulate the IP laws to crash many smaller rivals. Sometimes, a big business shark could steal or rob the IP from a “small fish”, and turn back to “eat it” in the name of IP protection. The original innovations and creativity are so discouraged by the Chinese business environment that few Chinese business leaders are genuinely interested in long-term investment in intellectual property. Therefore, this toxic business environment further encourages Chinese to steal or buy intellectual property from others and locks China up in the low-end market of intellectual property.

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This entry was posted in China Myth, People's Diplomacy, The Myth of Chinese Communist Party, The Myth of Chinese Economic Wonder. Bookmark the permalink.

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