Chinese inventors filed more than 3 million patents last year, the first country in the world to reach that milestone, as Beijing strives to transform the country into an innovation-driven super power.
In this case, the Court pierced the corporate veil in effect by holding Hua jointly and severally liable with the companies as he was the controlling shareholder and mixed business and personal funds.
Despite many uncertainties, the 2022 China outlook of AmCham's surveyed businesses was net positive due to stable economic fundamentals and market size.
In this op-ed, Guilherme Campos discusses China’s commitment to IP protection and what new rules signal for foreign companies doing business in the country.