“China from an economy based on manufacturing to one based on intellectual property”

Alfred Chuang, CEO of BEA, producer of entreprise infrastructure software, is quoted by Daryl K. Taft in Extreme Nano that he expects to see China take a leading role in IT as it has in manufacturing. According to Chuang China will soon be exporting high-value technology that needs IP protection instead of exporting manufactured goods alone.

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