Stratic Advice on Intellectual Property Investment in Asia/苏冉(15)
Piracy 70% per year 20%-30%
Civil Remedies Damages, Compensation Damages,
Compensation Their legal systems are different: P.R.C-Civil law( statute law) and Singapore-Common law(case law)
Criminal
Offences Fine
or 3-7years’
Imprisonment or both Fine or 5years’ Imprisonment or both Singapore is supposed to enhance stricter punishment, extending the imprisonment period. But P.R.C is said to renew its Criminal Code with lighter punishment.
Administration Punishments:
Fine, custody Injunctions It’s due to different legal systems. The common law countries always lacks of administrative punishments, but some interlocutory injunctions.
Table Ⅲ :
Foreign Business in P.R.C and Singapore (They are APEC members)
P.R.C Singapore Remarks
Economy
Socialist Market ;
Developing country Capitalism ;
Developed Country
Nonaligned Policy Socialist Market offers free trade opportunities under governmental macro controls while capitalism is based on free trade market
Business Environment No 1 in Asia ;
总共20页
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