By Nathaniel DeLucia
A recent seminar, which included both technical and legal experts as attendees, hopes to prompt China into adopting laws designed to protect trade secrets. Although there has been discussion in China for over twenty years, the legislature has never passed any substantial trade secret legislation. Currently, China has no law protecting trade secrets, leaving a substantial amount of intellectual property rights exposed.
China’s lack of trade secret protection has huge implications for international businesses, who conduct a significant amount of their business within China’s jurisdiction. Should any of their trade secrets become known in China, those companies would have a very hard time protecting that information.