Secure Corona Loans with Trademarks and Patents

In China, companies that need short-term liquidity to secure business during and after Covid-19 can easily secure a loan by pledging their intellectual property. Although this method is not new, it is gaining in importance in the crisis. According to the Chinese National Intellectual Property Administration, the total amount of financing through patent and trademark… Continue reading Secure Corona Loans with Trademarks and Patents

Covid-19 Accelerates the Creation of Strong Chinese Brands

The Corona crisis is intensifying the Chinese quest for strong brands. In order to increase the consumption of the population and stimulate the weak domestic demand, China now wants to politically promote and accelerate the development of well-known and high-quality Chinese brands. These are intended to help increase the influence of Chinese products and services… Continue reading Covid-19 Accelerates the Creation of Strong Chinese Brands

Covid-19: Protect Supply Chains Now against Counterfeiting

The pandemic not only leads to global markets being flooded with counterfeit medical products. Because suppliers fail, counterfeit brands and products are also penetrating the supply chains of original manufacturers in other segments and replacing the missing original products. It is now important for brand owners to monitor and protect their supply chains. Counterfeiters often… Continue reading Covid-19: Protect Supply Chains Now against Counterfeiting

Covid-19 and Business: Learning from China

When it comes to business reactions to Covid-19, many Chinese companies are ahead of us. Take the automotive industry, for example: While managers of German brands in China stare spellbound at plummeting sales figures, competitor Geely is launching a corona-safe model on the market. The entire system of the SUV Geely ICON is equipped as… Continue reading Covid-19 and Business: Learning from China

China Loses the Battle for the WIPO Chairmanship

China has lost the battle for the chairmanship of the World Intellectual Property Organisation (WIPO), the UN organization regulating the international protection of intellectual property in Geneva. The new Director General will be Daren Tang, previously Chief Executive Officer of the Intellectual Property Office in Singapore (IPOS). The decision against the Chinese candidate Wang Binying,… Continue reading China Loses the Battle for the WIPO Chairmanship

Extension of the Patent Term: A Driver for Innovation

The trade agreement between the USA and China provides for the extension of the patent term of innovative medical devices to avoid undue delays. This is to the benefit of pharmaceutical companies in both countries. The contractual clause not only supports pharmaceutical manufacturers from the USA, it also benefits innovative Chinese pharmaceutical companies. These companies… Continue reading Extension of the Patent Term: A Driver for Innovation

China wants to disconnect itself from foreign countries technologically

The decoupling of the national economies is also being driven forward rapidly by China. For example, 30% of foreign hardware and software is to be replaced by Chinese alternatives in 2020, another 50% by 2021 and the remaining 20% by the following year. This directive, known in China as the “3-5-2 policy”, could affect 20… Continue reading China wants to disconnect itself from foreign countries technologically