In intellectual property law, “exhaustion” refers to the extinction of the entitlement to prevent the further sale of a product once the product has been put on the market. Developing such a limitation becomes necessary in order to reconcile the exclusivity granted under intellectual...

China's accession to the World Trade Organization (WTO) and the conclusion of the Closer Economic Partnership Arrangement (CEPA) have aroused debates regarding the treatment of parallel imported goods in both Hong Kong and China. This article reviews the law and policy concerning parallel...