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A fantasy. Hillary Clinton should look Bill Gates in the eyes and insist, "Microsoft needs to shut up about intellectual property. Korea faces a nuclear war. When I ask Wen Jiabao to help keep the peace, I don't want to be distracted by your demand for royalties. The U.S. State Department needs to stop being a collection agency for Microsoft and Qualcomm. It's time for you to make your peace with the laws of the countries in which you want to do business." 

     Currently, the U.S. collects $10's of billions yearly on "intellectual property" and the government supports strong and even abusive interpretations of what's reasonable. DSL is down to four chipmakers, partly because fear of business-crippling patent suits like TI v. Conexant scared off new entrants. The balance will change against the United States over the next few years. Huawei has applied for 42,543 patents (China Daily.) Their Shenzen research center matches the best in the world. Huawei is building space for 30,000 R & D workers in Wuhan, China's optical capital.

    A WSJ headline China helps defuse Korean crisis inspired this item.