Reformation Of The Dragon's Country

The Chinese economic resurgence is very amazing.the certain projects such as mining, gas, oil distillation
The country formerly called as Bamboo Curtain mustand agriculture can be applied only in the western part
be proud with its various straighten out to increase itsof China. Special zones for investments are built and
economic. China, the country residing in the East Asia,opened for foreign business only with several of
is indeed will become one of the world economicexemptions such as tax, import, export or various
leaders. China has shown his resurgence to theprofits exemptions are applied within certain period of
industrial and developed countries.time.
With its economic growth between 9% to 9.5% perFurther the tax incentives have been loosen up and
year, China has proved their reform movementapplied more and to support all of these amenities the
success. The economic growths also successfullyChina's government has built related facilities.
provide jobs for 10 million citizens as new comerInfrastructures such as roads, high/toll and harbors are
jobseekers and minimize the number of theconstructed by emerging the mountains and cutting
unemployment in the country. The dragon country withdown the forests and dredging up the ocean.
the population of 1.3 million people presently isThese facilities are supported with the strict laws and
estimated to borne 200 million middle class people withlaw enforcement. For instance the various
a remarkable purchasing capability.infringements of Intellectual Property Rights (IPR) not
From the market point of view, China will be the targetonly settled upon mutual concessions but also brought
of every businessman. The coming of consumer'sto the civil and criminal lawsuits. The foreigners' efforts
products such as cellular phones, LCD TV, cars,to get compensation from the local company have
luxurious motor cycles, computers, DVD, VCD, videoreaped the outcomes. The "Silk Market" case that set
tapes, furniture, textiles, etc is the evidence.the obligation from the owner/tenant of the building to
China is the biggest consumers of cellular phones inbe also responsible for the IPR infringement of 5
the world, more than Japan and America, where it isfamous brand companies of Burberrys (England),
predicted that at this moment the use of the cellularGucci (Italy), Louis Vuitton Malletier (France), Prada
phones could reach to 350 million people and(Luxemburg) and Channel (France) to be sentenced to
estimated that this number will increase into 600 millionpay the compensation in the amount of Yuan 20.000.
cellular phone consumers in the year of 2009. BasedThis is one of the evidence of the consistency of the
on this condition it certainly will tempt every investorlaw application and enforcement.
such as Motorola (United States) and Nokia (Finland)The seriousness of the Beijing government in handling
companies to have the investment in the informationthe IPR infringements cannot be separated from the
technology field.Chinese's participation as one of the WTO member
Besides that in the manufacturing field such as carthat affected its trade status.
factory which is predicted that there are about 3 millionA case that recently filed to WTO by the United
unit cars are released in the market per year. So thereStates government against the Chinese government
is no doubt for companies like Toyota (Japan), Generalwith respect to the copyright infringements of movie
Motor, Chrysler (United States) and Volkswagenand recording industries will become a contention
(Germany) have done the investment in China for aarena to determine the '"watch list" or "priority foreign
very long time.country" status that can be imposed against Beijing.
Of course it is very normal if it makes us wonderThe commerce sanctions will be imposed to China if it
about the China's incredible that makes their productsis proven that China has breached the IPR. The
could be sold world wide and have invited manygovernment's efforts to minimize the IPR infringements
foreigners to do the investments in China in this veryby the various and sensational verdicts such as the
short time. For foreign investment of 2005 the Chinaclosing of the fake products market (Xiang Yang
has reached US$ 60 billion foreign investmentsMarket in Shanghai) and the annihilation of imitation and
(compare with the foreign investment capital of thepirated goods.
world that reaches US$ 897 billion in the year of 2005).Are the inventors of IPR have satisfied with the
The coming of foreign capital cannot be separatedactions taken by the China? For that reason it will be
from the policies apply by the Beijing government tovery interesting if we wait for the new chapter of the
pull the foreign investments. Investment regulationsenmity between the United States and China in WTO.
have been clarified in the catalogues for examples for