The law fails to give the agency adequate resources and clear legal authority to take timely action.
In a letter to the company, KPMG said Lancer had not taken timely and appropriate remedial actions with respect to "likely illegal acts".
But he said Washington had become increasingly worried about trademark counterfeiting in China, and that Beijing had failed to take timely action.
Age: 30 Vocation: Miami Heat basketball player, philanthropist, memoirist N.B.A. Championships: 1 Assessment of Obama's game: "He's very smart on the court and takes timely shots.
Traders have been watching events in Iraq closely -- with US secretary of state John Kerry saying that President Obama must take "timely decisions" in response to the gains made by the Isis group this week.
"All countries should pay attention to the sustainability of their fiscal policies and economic growth, and take timely and effective steps to address potential risks, including inflation," Xinhua, the state news agency, quoted Mr. Xie as saying.
Lawyers warned that regulators now risked becoming overwhelmed by the explosion of patent complaints and needed to take timely decisions clarifying the rules of the road for the sector.
This is why, for instance, at the European level, we have to manage to put in balance the role of parliaments, the growing role of parliaments — that is good news in my view, and how to take timely decisions.
"We call on manufacturers to be highly concerned about dealer inventories, and to take timely and effective measures to actively digest inventory, especially taking into account the financial strain on distributors, as manufacturers have to provide the necessary financing support to help dealers ride out the storm," the association said.
