This is true. I happens here in the US just as well. Yet this is a different issue.
In one case you have a massive number of companies in China stealing IP and copying products while their government looks the other way.
In the other case you have an asymmetric legal situation. Even a small company can bring a mega corp to it's knees due to IP theft. Patents are powerful things when used correctly.
Yet, we are talking about very different things here. China --a nation-- has a massive product cloning and IP theft industry. This is happening at an astounding scale under a government that almost encourages it.
There are plenty of stories of Kickstarter projects that run into clones before their funding completes. This can be devastating for an entrepreneur and their small company. It all points back to China.
In one case you have a massive number of companies in China stealing IP and copying products while their government looks the other way.
In the other case you have an asymmetric legal situation. Even a small company can bring a mega corp to it's knees due to IP theft. Patents are powerful things when used correctly.
Yet, we are talking about very different things here. China --a nation-- has a massive product cloning and IP theft industry. This is happening at an astounding scale under a government that almost encourages it.
There are plenty of stories of Kickstarter projects that run into clones before their funding completes. This can be devastating for an entrepreneur and their small company. It all points back to China.