Protecting Trade Secrets in China
14 October 2011
As China's market grows and workforce mobility increases, trade secret theft has become a genuine concern. The risk is especially high in technology-heavy industries where poor maintenance of trade secrets may result in serious financial repercussions or loss of competitive edge.
Although China has developed laws to protect the rights of trade secret owners, enforcement can be tricky and the damages awarded can be inadequate. Prevention is, therefore, still the best way to protect trade secrets in China. This briefing aims to give an insight into how companies may formulate an effective IP strategy to address the practical challenges of trade secret protection in China.