UPDATE 2-China toughens stance on intellectual property

Newswire

(Recasts, updates with details, background, adds byline) By Scott Hillis BEIJING, Dec 21 (Reuters) - China promised on Tuesday to get tougher on copyright and patent violations, a long-awaited move that may ease U.S. concerns over rampant piracy believed to cost foreign businesses billions of dollars every year. In a new interpretation of the law governing intellectual property rights, the country's top court lowered the bar for treating violations as crimes and laid out prison terms ...

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