Near-identical car sparks new Chinese piracy fears

Newswire

By Ben Blanchard SHANGHAI, June 27 (Reuters) - Foreigners have long railed against pirated software and CDs in China. The latest complaint? Copy-cat cars. Automakers in the country's booming vehicle sector, frustrated with what they deem intellectual property theft, suddenly face a new threat: the copying of cars, which take anywhere from $500 million to $2 billion to design from scratch. General Motors says it is investigating media allegations domestic car producer Chery's ...

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