EU Chamber and Merics warn of risks of research in China

The EU Chamber of Commerce in China and the Merics research institute are warning companies against naively shifting research and development to China. „Companies need to be clear where the risks are and where their competitive advantage lies,“ said Chamber President Joerg Wuttke on Wednesday at the presentation of a study on innovation in China. It is titled, „China’s Innovation Ecosystem: Right for many, but not for all.“