Joyce Barnathan : By Fighting Fakes, China Wins, Too

From the Business Week Online: Rampant counterfeiting discourages both foreign and domestic outfits from investing in its economy — and that hurts growth

Counterfeiting is big business, but China needs to protect an even bigger one: Future investment in its economy, both foreign and domestic. Always thinking ahead, Beijing’s leaders want state-of-the-art investments from foreign companies to keep the country’s economy powering forward. And though China seems to be getting its fair share of Western businesses willing to open research and development centers and build factories producing high-tech goods, rampant piracy rightly gives many potential investors pause.

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