The survey, carried out by European Union Chamber of Commerce, found law firms one of the most disaffected industries with nine out of ten surveyed saying they were discriminated against in favour of local Chinese law firms.
The research also found that European companies doing business with China are generally finding the market less attractive as employment costs rise and there is scant regard for the rule of law. Many companies are scaling back on plans to invest in the country. Most companies said that a better rule of law would be the best way to improve China’s future economic performance. The EU Chamber of Commerce surveyed 552 Europe-based companies operating in China. Source: Wall Street Journal
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