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Thread: Chinese partnerships with Canadian companies ‘have not disappointed’

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[quote=GUEST70194,478080]“So by getting partnerships with a country that has a lot of capabilities like China, you actually see an improved productivity,” he said. “That is why it is very good for Canada to have these partnerships.”

Yet part of the reason CNOOC’s proposed acquisition of Nexen has been so hotly debated in Canada since it was proposed on July 23 is because Canadians remain skeptical of the intentions of Chinese state-owned companies. Last spring, the Asia Pacific Foundation of Canada released a poll finding 75% of Canadians were opposed to Chinese state-owned companies gaining controlling stakes in Canadian firms and 57% viewed the rise of China’s economic power as a threat to Canada’s interests.

Such results are not surprising to Josephine Smart as “the Chinese disregard of intellectual property rights can be very blatant [and] they have a long history of doing that,” the economic anthropology professor at the University of Calgary said in an interview.

Earlier this month, she published a paper through her University’s School of Public Policy in which she warned Canada could be trading short-term gains for long-term pain through its dealings with China.

Many interpreted the paper as an argument against more business relationships between the two countries and for Ottawa to reject CNOOC’s bid for Nexen. But that was not message the author intended to send.

“That kind of relationship is indeed quite desirable,” Prof. Smart said. “That kind of mutual learning is good not just for the Chinese to learn how to do things, but I think more importantly it is good for us to learn how they do things.”

After decades of maintaining a lax intellectual property (IP) enforcement regime, China today possesses the most robust patent system in the world. As of 2011, more patents are filed in Beijing each year than in Washington, D.C., and massive companies like Apple Inc. have recently become more successful at curbing widespread piracy and IP theft in the country.

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