Headline October 05, 2017/ ''' MADE IN CHINA 2025 ''' : !WOW! '''

''' MADE IN CHINA 2025 ''' : !WOW! '''

CHINA IS ANGRY at South Korea for embracing an American missile defense system intended to stop potential launches by North Korea.

The South Korean conglomerate that donated land at Golf course for the missile defense system has been forced to sell its Chinese stores. 

Chinese drivers have stopped buying Hyundais and Kias. And fewer and fewer Chinese tourists are visiting South Korea.

But then there is Leo-Li, a 33 year old language teacher in China who wants his essence of South Korean snail slime. Mr. Li's enthusiasm for South Korean snail products helps explain a development that might surprise some people watching-

The relationship between- China and South Korea deteriorate : Trade between the two countries is steadily rising.

Tensions Flare but Trade Booms.

''I support my country and love my country, but I don't think this should affect my consumption decisions,'' Mr. Li, who once studies in South Korea, said by phone from the southern Chinese city of  Guiyang. 

UNTIL VERY RECENTLY, CHINA  a center of Bitcoin activity while the rest of Asia looked on and on and with very little interest.

Since Bitcoin was created in 2009, it has become increasingly popular around the world because of its anti-establishment appeal - a virtual currency that is-

Challenging governments and financial institutions. But at the very beginning China, and now South Korea and Japan, the countries' most important institutions have been leading the way. 

Now the tables have turned : Interest grows in the region just as China limits the trading of virtual currencies.

The Chinese government has been clamping down on virtual currency activity  at the same time that hundreds and thousands of Japanese have  thrown themselves into Bitcoin Trading-

Making Japan's main Bitcoin exchange,  Bit Flyer, the largest in the world in recent weeks by some methods of counting. And then not far away, amidst rising regional tensions against North Korea.............. 

BEIJING : BEIJING BOLSTERS  laws on intellectual property,  but, but the United States back lash begins.................

In Chinese schools, students learn that the United States became a very great nation by stealing technology from Britain.    

In the halls of government, official speak of the need to inspire innovation by protecting inventions. In board rooms executives strategize about using infringement laws to fell foreign rivals.

China is often portrayed as a land of fake gadgets and pirated software, where intellectual property protections like patents, trademarks and copyrights are routinely ignored.

The reality is far, far more complex.

China takes conflicting positions on intellectual property rights, ignoring them in some cases while  upholding them in others. 

Underlying those contradictions is a long-held view of intellectual property protections not as rigid legal principle but as a tool to meet the country's goals.

Those goals are getting more ambitious.  

China is now gathering  know-how in industries of the future like microchips and electric cars,    often by pushing foreign companies attracted by the country's vast market into sharing their technology.

It is also toughening enforcement of patents and trademarks for a day when it can become a leader in those technologies -and use intellectual property protections to defend its position against rival economies.

President XI Jinping of China is in the midst of an effort to strengthen laws on patents, copyrights and trademarks, giving fledgling companies in China new sources of revenue and prestige.

The country is also pursuing an ambitious plan, called :

Made in China 2025 to become a global leader in areas like robotics and medical technology and begin the next phase of China's development.

The efforts reflect the view of Chinese officials that controlling global technology and standards  is on par with the building military muscle. 

Zhang Ping, a scholar of trade law in Perking University in Beijing, said the West had long used  intellectual property laws as a ''Spear and Shield'' against Chinese companies hurting their profits and plans.

With respectful dedication to the  Students, Professors and Teachers of China and then of the entire  World. See Ya all on !WOW!  -the World Students Society and............ Twitter-!E-WOW!  -the Ecosystem 2011:

''' Blazes & Burns '''

Good Night and God Bless

SAM Daily Times - the Voice of the Voiceless


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