China to make foreign firms reveal secret info

China to make foreign firms reveal secret info
The Daily Yomiuri ^ | 9-19-08

China to make foreign firms reveal secret info

The Yomiuri Shimbun

The Chinese government plans to introduce a new system requiring foreign firms to disclose secret information about digital household appliances and other products starting from May, sources said Thursday.



If a company refuses to disclose such information, the Chinese government plans to ban the firm from exporting the product to the Chinese market, as well as bar production and sales in the country, according to the sources.

Critics worry that such a system risks seeing the intellectual property of foreign firms passed onto their Chinese competitors.



However, this explanation is unlikely to satisfy concerns that disclosed information might be handed from the Chinese government to Chinese companies.



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