Posted by Laura Fitch on April 9, 2010 10:37 AM
China’s reputation for lax intellectual property and technology rights protection is taking another hit, this time in the bullet train category. Central Japan Railway recently announced it would not sell its trains to China due to fears its bullet train technology would be illegally copied there.
Central Japan Railway claims China has already copied Japanese bullet train technology, and has done so in an unsafe way. In a BusinessWeek report, Central Japan Railway spokesman Soushi Hasegawa said, “There’s some uneasiness that China might take our intellectual property... We’re not thinking of marketing our trains in China.”
China has rejected these accusations.Continue reading...