China a Victim of Basmati Rice Syndrome
Aggregated Source: China HearsayChina remains vulnerable to bio-pirates who plunder its biological resources such as plants, animals and their genetic material, a senior environment official has said.
Wu Xiaoqing, deputy head of the State Environmental Protection Administration (SEPA), said in a recent interview in Beijing that foreign companies patent the stolen resources and then sell them on the Chinese and world markets.
Your average developing country gets extremely annoyed when its domestic resources are patented by foreigners. When local firms then have to send royalty payments abroad for the use of those resources, well, that’s not such a good situation.
The most famous case was the fight between India and the U.S. over Basmati rice patents. China seems rather upset about soybean patents.
Apparently the Chinese government, which has sat on this issue for years, has developed some sort of preliminary outline from which several agencies are moving forward with legislation. This could be interesting.
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