China to protect foreign firms' rights

China to protect foreign firms' rights – Xi

By Agence France-Presse

Nov 29, 2023 12:18 am

BEIJING: Chinese leader Xi Jinping has ordered greater protection for international firms' rights and intellectual property, state media reported on Tuesday, as Beijing works to lure in foreign companies spooked by a crackdown and an ailing economy.

US and European firms in China have said that doing business is harder than ever as geopolitics, an anti-espionage law, raids on multinationals and favorable treatment for domestic competitors weigh on morale.

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