U.S. Presses China on Procurement Rules

The U.S. is pressing China to further relax the government's procurement rules which were eased last month but, according to critics, still favor domestic companies.

 

"Our next steps with China include continued pressure to strengthen their IPR regime--and to step back on flawed and troubling policies across the industrial sector, like indigenous innovation," U.S. Trade Representative Ron Kirk said in a statement obtained by the Wall Street Journal.

 

The Journal says that China last month eased its policies by no longer requiring the use of Chinese intellectual property and proprietary brands and that businesses don't have to be totally independent of foreign companies.
 

Read more on

Suggested Articles

Some of you might have already been aware of the news that Questex—with the aim to focus on event business—will shut down permanently all media brands in Asia…

Some advice for transitioning into an advisory role

Global risks are intensifying but the collective will to tackle them appears to be lacking. Check out this report for areas of concern