China crisis

China's intellectual property crackdown has more to do with finance than right or wrong.

Its efforts to crack down on pirates are to be welcomed, but there's more at stake than intellectual property.

As the nation that's fast becoming the world's manufacturer it's in China's best interests to see that it doesn't become a land of knocked-off goods and dodgy kit. Those of us around in the 1970s can remember what 'Made in Taiwan' used to suggest.