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International Business Times
International Business Times
Politics
AFP News

Xi Says China Must Protect Foreign Firms' Rights, Intellectual Property

Chinese President Xi Jinping (C) said officials must ensure 'comprehensive, open and transparent' legal treatment of foreign entities (Credit: AFP)

Chinese leader Xi Jinping has ordered greater protection for international firms' rights and intellectual property, state media reported 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 favourable treatment for domestic competitors weigh on morale.

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