Survey: U.S. businesses in China hold growing IP, competition concerns

A majority of member companies in the U.S.-China Business Council have concerns about intellectual property protection in China, see no impact from economic reforms Beijing announced years ago and face increased competition from Chinese private and state-owned firms that receive preferential treatment from the government, according to a new survey of U.S.-China Business Council members . Member companies reported growth and increased profits in China over the last year, but 48 percent of the companies surveyed said they were less...