> One in five North American-based corporations on the CNBC Global CFO Council says Chinese companies have stolen their intellectual property within the last year. In all, 7 of the 23 companies surveyed say that Chinese firms have stolen from them over the past decade.
For people which don't beliv it, just visit Amazone and see how many "fake" YYY products are sold which do not only have the same functionality (might be legal) but also have the exact same design, copied from designs of companies where you can be pretty sure they do create design patents for all kinds of things.
Worse this look alike fakes are often placed above the original products when you search for the product even when you include the brand name, I mean surely they are cheaper both in price and quality.
Don't get me wrong, I have nothing against cloning the functionality of an product, I just don't like look-alike clones which can be easily mistaken for the original by people not aware of Amazons problems (I have seen it happen a view times with people in my family.)
Pressure from equity holders, which happen to be Chinese logos. Someone shared an example on HN yesterday of Tencent, the largest gaming company. Chinese-owned, and owns major stakes in nearly a dozen of the largest game publishers and storefronts. Everything from Epic Games to Activision Blizzard, from Ubisoft France to the studio behind PUBG and the studio behind League of Legends. Path of Exile, Clash of Clans, Call of Duty Online... a Chinese mega-conglomerate has significant investments in all of them.
I don’t see this as a minimized fact.