Sharp Rise Seen in Chinese Patents 110
ianare writes "According to a report by the UN's intellectual property agency, the number of requests for patents in China grew by 33% in 2005 compared with the previous year. That gives it the world's third highest number behind Japan and the United States, the agency said. China's leaders have been urging companies to become more creative, and put more of their money into developing new technology. 'Made by China' rather than simply 'Made in China' will mean that the country's economic miracle stands a far better chance of lasting longer."
Creativity == Patent? (Score:3, Informative)
I think we have seen enough "Creative Patenting" that are comparable to "Creative Accounting".
How China is "competitive" on the global market (Score:3, Informative)
2) Allow children to make toxic toys for Americans
3) No minimum hours per week, no overtime
4) IP theft
5) Lax environmental regulations
But most of all, at least relating to America's 850 billion dollar trade deficit (as of 2007), is the fact that China artificially lowers [npr.org] the Yaun [senate.gov] to appear more competitive on the global market. This practice alone has decimated U.S. manufacturing sector and is why we have a nearly 1 trillion dollar trade deficit - with no end in sight.
Level the playing field? (Score:2, Informative)
'Stolen By China' More likely (Score:3, Informative)
Re:Why is this always seen as a threat? (Score:4, Informative)
Do you think any African country has even the slightest chance against us or eu companies and the effect they have on regulations in general?
Re:Why is this always seen as a threat? (Score:2, Informative)
Re:Why is this always seen as a threat? (Score:3, Informative)
China somehow has managed to break through our protections (and we shouldn't whine if they're going to protect their markets, because that's exactly what we did too).
The other side of the coin is that African (and South-American countries aswell) produce a lot of goods, but we're protecting our markets so they don't get any opportunity to sell their products for a fair price.
But as long as economy is mainly a local thing we'll keep seing this, I think.