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Friday, December 11, 2009

China Blocks Tech Imports with New Rule

Interesting - China purchasing rule angers foreign tech companies and a International Business Groups Urge China to Cancel Procurement Policy.

A government agency (not sure if this includes government owned companies) under the new rules can only buy products that “have Chinese intellectual property and proprietary brands,” and intellectual property must be “totally independent of overseas organizations or individuals.”

My guess is this specifically aimed at Cisco and US Software Manufacturers.

Basically give up your intellectual property rights if you want to sell to us. This could also apply down to a chip level on electronics...

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