SHANGHAI, CHINA (June 6, 2007) — John Z.L. Huang, a founding partner of MWE China Law Offices in Shanghai, appeared on CNBC’s Squawk Box earlier this week to comment on the meeting scheduled between China and the United States to discuss intellectual property rights. Mr. Huang noted the unlikelihood that a consensus would be reached between the two countries and outlined the major concerns that surround intellectual property between China and the United States.
During the interview, Mr. Huang summarized the three key issues holding China back from proceeding faster in terms of protecting intellectual property. “The first one is the thresholds for the criminal prosecution against copyright and the trademark violations; the second one is the disposal of confiscated goods by customs; and, the third issue is denial of certain protection to the works prior to the approval by the Chinese government. At this point, both parties are arguing whether the Chinese law is sufficient enough to protect its intellectual property rights,” commented Mr. Huang.
While China still faces many challenges regarding the protection of intellectual property, Mr. Huang does note that progress has been made and intellectual property rights are a main priority for the Chinese Government. Mr. Huang stated, “Of course, the protecting of Intellectual property rights is one of the first priorities on the Chinese government’s agenda. They have changed the rules and regulations, in particular, there are two traditional interpretations, one is in 2004, another is in 2007. They addressed the specific measures protecting the intellectual property rights.”
Mr. Huang focuses his practice on international arbitration and litigation, trademarks, patents, trade secret and copyright infringement, antitrust and unfair competition, foreign direct investments, private equity and venture capital financing, and general corporate law.
The original interview can be viewed on the CNBC Squawk Box website at www.cnbc.com.
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