While the world bites its nails over China’s military growth, China itself has more internal concerns. 2012 marks the second year since national spending on “public security” has surpassed that of the military.
Apple has paid $60 million to settle a dispute in China over ownership of the iPad name, a court announced Monday, removing a potential obstacle to sales of the popular tablet computer in the key Chinese market.
Apple’s dispute with Shenzhen Proview Technology highlighted the possible pitfalls for global companies in China’s infant trademark system. It also posed a challenge for the communist government, which wants to attract technology investors to develop China’s economy.
Precious and inspirational!