Proview and Apple Settle: What Does It Say about IP and Rule of Law in China?

According to the press reports, Apple and Proview have recently settled their dispute over ownership of the iPad mark for 60 million USD (See http://apnews.myway.com/article/20120702/D9VOHLB00.html).  The news has even made it to the blogosophere (see http://www.chinahearsay.com/), and the iPad name is being assigned to Apple.

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