China is considering passing a bill that requires foreign auto makers who want to sell hybrid and electric cars in China, to share critical technologies such as battery, electric motors and control technology in exchange for access to the Chinese market. The bill states that “foreign auto makers are required to enter a joint venture in which they are limited to a minority stake in profits.” Car executives believe this bill is aimed at gaining control of foreign intellectually property rights and have begun voicing their complaints about China’s industrial policies. China’s Ministry of Industry and Information Technology want’s to make China the world’s leader in battery-powered cars and hybrids in 10 years. However, this would significantly hurt foreign auto makers by making them choose between Intellectual property rights and the Chinese market.

The Wall Street Journal Friday, September 17th 2010, Vol 66 …