China says it will now treat American companies more fairly. They’re not convinced

Parts of it aren't specific enough on issues such as intellectual property protection, despite a number of revisions to the first draft, according to Jacob Parker, vice president of the US-China Business Council. The law is shorter than the version that was proposed four years ago and lacks some of the details it contained, said Parker, whose organization represents about 200 American businesses in China. "The vague language leaves much room for interpretation and makes compliance difficult," he added.