China was, for decades, feared as the wild west of intellectual property rights. The world’s economic growth engine openly produced copycat products for its massive consumer market, as well as for export. As its sprawling industries grew, Beijing stood accused of hundreds of billions of dollars worth of IP theft from the US, Europe and Japan.
However, since 2020, companies in the world’s second-biggest economy have been outpacing their American rivals in the number of new patents they secure each year.
There are also signs that Chinese companies are turning the tables on foreign counterparts in aggressive IP litigation — a move that appears to have been backed by the country’s courts.
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