The Chinese Government has recently submitted a first draft of a new law aimed at better protecting intellectual property owned by foreign companies to the Standing Committee of the National People’s Congress, China’s de facto legislative body. Key provisions include prohibiting forced technology transfers from foreign firms, raising fines for patent infringement and holding online service providers responsible for facilitating IP infringement.
It will be interesting to see how this draft is revised and eventually enacted as China continues to engage in a trade war with the United States. Read more here and here.