In China, Western Firms Keep Secrets Close - WSJ.com

Western companies are changing the way they do business in China, as they
become more focused on protecting their intellectual property.

For years, part of the cost of entry to China in certain industries has been
pairing up with a Chinese company to form a joint venture.

Often, that involves Western firms agreeing to a "technology
transfer"—sharing their technology or intellectual property with a Chinese
partner—in order to establish the joint venture.


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