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tech know-how

China tightens rules on transferring tech know-how

BEIJING: China has issued new guidelines on transferring intellectual property rights from Chinese firms or individuals to foreign investors, as global tensions rise over technology theft. The instructions made public by the State Council on Thursday stipulate that IP rights related to integrated circuits, computer software copyrights and new plant breeds will be reviewed by the government before any overseas transfers. The guidelines aim to "safeguard national security and major public interests", the council said.…