Washington Times reports on Ruichuan IPR Funds: the deck may be stacked against American companies in China
A Washington Times post begins:
When the Chinese government announced in April it was establishing a government-controlled patent-operations fund in April, there were few people besides Asian trade analysts who gave the news much attention
The Chinese are investing big money in the patent fund:
The Beijing-backed effort, Ruichuan IPR Funds, was seeded with the equivalent of nearly $50 billion to assist in “the development and acquisition of core patents to boost market power and profitability of domestic companies.”
The post includes the text: "the deck may be stacked against American companies in China."
When the Chinese government announced in April it was establishing a government-controlled patent-operations fund in April, there were few people besides Asian trade analysts who gave the news much attention
The Chinese are investing big money in the patent fund:
The Beijing-backed effort, Ruichuan IPR Funds, was seeded with the equivalent of nearly $50 billion to assist in “the development and acquisition of core patents to boost market power and profitability of domestic companies.”
The post includes the text: "the deck may be stacked against American companies in China."
posted by Lawrence B. Ebert at 6:24 PM
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