Prime Minister Li Keqiang has pledged that China will amend its intellectual property law and 'introduce a punitive damages mechanism to ensure that all infringements will be seriously dealt with'. – EPA pic, March 15, 2019.
CHINA’S rubber-stamp Parliament today approved a foreign investment law that may serve as an olive branch in trade talks with the United States, but it received a lukewarm welcome from business groups. The legislation aims to address long-running grievances from foreign firms including stronger protections for intellectual property, but the US and European chambers of commerce voiced concerns that they were not given enough time to give their input.
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