New Europe reports about EU firms' enthusiasm about China's market prospects and their concern about the execution of the IPR laws in China.
" “China’s intellectual property laws are not bad. The problem is their implementation,” [EU’s Chamber of Commerce in China (EUCCC) President Joerg] Wuttke said. One result of the poor execution of IPR laws is that companies don’t conduct “genuine” research and development in China, he said. “Companies build R&D centers, but the focus is on development, not really on research,” Wuttke said. “For the research part, companies are more willing to transfer Chinese scientists elsewhere to guarantee IPR protection.” "
Read the New Europe article here.