China-Japan Train Feud Rolls On official
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Chinese and Japanese train manufacturers are in a high-profile spat. The Japanese companies allege intellectual property theft -- and the possibility of legal action.
Some major Japanese players in rail manufacture, like Kawasaki Heavy Industries, claim Chinese state-owned firms have stolen high-speed rail technology and are now trying to market it themselves.
The latest complaints come after China announced the filing of 21 international patent applications, a step that indicates the desire to then sell those patented technologies.
Japan has made clear intentions to sue if Chinese patents include any technology that's been previously developed in Japan. Japanese Foreign Minister Takeaki Matsumoto has said that his country's government is (quote) "closely monitoring" the situation.
According to a spokesman for Xinhua, China's Party-run news agency, the technologies being patented are (quote) "superior to Japan's network." However, whether or not that also means the technologies were not stolen might remain for courts to decide.
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Chinese and Japanese train manufacturers are in a high-profile spat. The Japanese companies allege intellectual property theft -- and the possibility of legal action.
Some major Japanese players in rail manufacture, like Kawasaki Heavy Industries, claim Chinese state-owned firms have stolen high-speed rail technology and are now trying to market it themselves.
The latest complaints come after China announced the filing of 21 international patent applications, a step that indicates the desire to then sell those patented technologies.
Japan has made clear intentions to sue if Chinese patents include any technology that's been previously developed in Japan. Japanese Foreign Minister Takeaki Matsumoto has said that his country's government is (quote) "closely monitoring" the situation.
According to a spokesman for Xinhua, China's Party-run news agency, the technologies being patented are (quote) "superior to Japan's network." However, whether or not that also means the technologies were not stolen might remain for courts to decide.
07/14/2011