China’s Ministry of Commerce recently published a piece on its official website quoting the Chinese Embassy in Russia, which revealed that negotiations between China and Russia on the purchase of 48 Su-35 fighter jets are close to being finalized. The contract will total US$4 billion. This is China’s largest single international military procurement contract in a decade. There is one key issue that still remains unresolved in the negotiations: intellectual property protection. The Russians are requiring a legally binding guarantee to ensure that China will not illegally copy Russian technology and use it to eat into Russia’s share of the international military aircraft market.
Source: Ministry of Commerce, March 10, 2012