Why AmCham's latest survey says nothing new
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clpstaff &clp articlesAmCham's latest China Business Report has some shocking statistics, but contains little that is new. Although companies keep complaining about China's legal system, 77% plan to increase their investments.
Last week, the American Chamber of Commerce in Shanghai released its annual China Business Report. The survey showed that 69% of respondents believed China's IP enforcement had not changed or even deteriorated in the past year. One percent more felt the same way about China's legal and regulatory environments. A whopping 90% saw rising costs as a hindrance to business.
The statistics for IP enforcement are surprising. The Chinese Government has made a determined effort to improve not only legislation, but also enforcement. However, as has always been the case in China a strong IP strategy is the key to enforcing these rights. Both domestic and international law firms pride and sell themselves on their ability to deliver a comprehensive IP strategy that suits a corporation's needs.
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