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Foreign firms criticise new China regulation

// December 14th, 2009 // p2p

- Politics:- A “new initiative where non-Chinese technology companies have ganged up to fight China’s Indigenous Innovation Product Accreditation Program shows that foreign companies appear to actually want to keep China away from ever innovating,” says China Tech News . Companies were last month asked to submit products for accreditation before being included in a catalogue listing items with “Chinese characteristics, including domestic innovation,” says the story. But, “But fearing that their hopes of hegemonic sales of technology to China could be greatly curtailed, foreign businesses and trade organizations have clamored to lobby the Chinese government to halt these actions that could see more Chinese government agencies and companies buying domestic Chinese products, rather than goods made by foreign firms,” it says, going on: “A letter outlining the concerns of foreign businesses was signed and delivered to the Chinese government yesterday by over a dozen business leaders, including Michael Barbalas, president of the American Chamber of Commerce in China; Perrin Beatty, president of the Canadian Chamber of Commerce; and Tsutomu Handa, president of the Japan Electronics and Information Technology Industries Association. There’s been no official reply to the letter, the story adds. - . More If p2pnet has value for you, help me keep it online. Cheers! And thanks : ) (If you don’t fancy online payments, please email me at p2pnet @ shaw dot ca and I’ll send you my snail-mail address.) China Tech News – Foreign Tech Companies Upset That Chinese Don’t Want To Buy Their Products, December 11, 2009 Use free p2pnet newsfeeds for your site. It`s really easy! Subscribe to - | | rss feed: http://-/p2p.rss | | Mobile – http://-/index-wml.php -? -