Rating

7

Qualities

  • Analytical
  • Concrete Examples

Recommendation

Although China has made great improvements to its intellectual property (IP) laws in the last few years, inconsistent enforcement has damaged the country’s relationship with several big and powerful companies. In this short but insightful article for Caixin, German ambassador to China Michael Clauss outlines the problems that China still faces in bolstering consumer confidence and luring foreign businesses. getAbstract recommends this quick read to anyone with an interest in international business, IP laws or Chinese relations with Western nations.

Summary

In recent years, consumers in China have shown an increasing willingness and desire to buy the best products and services available to them, whether those items are manufactured in their own country or originate in foreign lands. Many German companies have emerged as important players in China’s move toward a more consumer-driven economy. However, several of those firms have suffered from insufficient intellectual property (IP) protection. 

Fashion giant Hugo Boss, for example, opened shop ...

About the Author

Michael Clauss is the German ambassador to China and a frequent contributor to magazines and online international affairs publications like Caixin and South China Morning Post.


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