China to curtail trademark trolls

China said it would change its laws to crack down on "malicious" trademark registrations, which have allowed local companies to misuse well-known names and brands.
The changes come after international companies and well-known individuals have complained to China, according to Reuters, citing state media today.
Perhaps most famous is the case in which a Chinese company sued Apple for the use of the name "iPad," a dispute Apple ultimately settled for $60 million.
Other instances include Michael Jordan, who sued a Chinese sportswear company for using his name