InfoAnda - US, EU firms complain China not doing enough on IPR

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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Singapore Asia Pacific World US, EU firms complain China not doing enough on IPR AFP - Saturday, January 15 Send IM Story Print US, EU firms complain China not doing enough on IPR Slideshow: Full Photo Coverage: Business & Economy BEIJING (AFP) - – US and European business leaders said Friday that Beijing needed to do more to respect intellectual property rights, as China's commerce minister admitted enforcement of copyright laws could improve. The comments from the foreign executives came at a government forum organised ahead of Chinese President Hu Jintao's visit to the United States next week, during which copyright infringement is likely to be discussed. "Despite improvement, inconsistent and ineffective IPR enforcement is still a serious concern for our members," the president of the American Chamber of Commerce in China (AmCham), Ted Dean, told the audience. "There is more work to be done, and we are eager to engage in dialogue... to address these issues together." Intellectual property rights are widely flouted in China, which is home to the biggest counterfeit and piracy market in the world. The United States and the European Union have repeatedly called on China to crack down on intellectual property theft. US Trade Representative Ron Kirk said last month that "concrete and measurable results" were needed. Beijing said this week that it had detained more than 4,000 people suspected of violating intellectual property rights since November as part of a six-month nationwide crackdown on fake goods launched in late October. "We admit our law enforcement still needs to be strengthened," said the commerce minister, Chen Deming. "China's firm determination to protect intellectual property rights is unquestionable and unshakeable," he added, assuring foreign firms that the government crackdown would be extended. EU Chamber of Commerce vice president Davide Cucino said members had ranked IPR protection as one of the top three obstacles to doing business in China, calling for more dialogue between foreign firms and Chinese government bodies. "Counterfeit products encroach upon our market shares, depress our profitability and our healthy business growth, and hurt the reputation of our brands," said Werner Geissler, vice chairman of global operations at Procter & Gamble. Recommend Send IM Story Print Related Articles Mitsubishi Motors to target Brazil, India AFP - 10 minutes ago US-BUSINESS Summary Reuters - 1 hour 11 minutes ago BP and Russia's Rosneft in share swap, Arctic pact Reuters - 1 hour 11 minutes ago First Toyota acceleration trials unlikely for 2 years Reuters - 1 hour 37 minutes ago Daimler sees China 2011 sales outgrowing market Reuters - 2 hours 5 minutes ago News Search Top Stories Fiat Mirafiori staff 'approve' deal with conditions BP, Rosneft reach 'historic' Artic deal Delta mulls massive aircraft purchase JPMorgan Chase profits soar in 2010 US consumer prices up 0.5% in December More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed N.Zealand flood rescuers get Aussie snake catcher Breastfeeding study raises doubts over guidelines JPMorgan Chase profits soar in 2010 Delta mulls massive aircraft purchase Phelps returns to the swimming pool in Texas More Most Viewed » More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2011 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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