Source: South China Morning PostChina’s top court has awarded a record 159 million yuan (US$24.6 million) compensation payout to a chemical producer in a trade secrets case, a ruling that comes after Beijing has repeatedly vowed to improve protection of intellectual property rights in the country.On Friday, the Intellectual Property Court of the Supreme People’s Court ordered Zhejiang-based chemical producer Wanglong Technology to pay damages to Zhonghua Chemical, another producer in the province, for stealing its trade…Read More