China’s new foreign investment law opens the door wider to overseas firms. But they’ll have to step up their game to make the most of it

//China’s new foreign investment law opens the door wider to overseas firms. But they’ll have to step up their game to make the most of it

China’s new foreign investment law opens the door wider to overseas firms. But they’ll have to step up their game to make the most of it

China has just passed a new law that will replace existing regulations on wholly foreign-owned enterprises and on joint ventures involving overseas companies. In response to changing global realities and the need to further open up its economy, the new law includes many stipulations that aim to foster a level playing field for foreign and domestic enterprises.  Forced technology transfer, one of the main issues driving the US-China trade war, will now be banned. The law also emphasises…

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By | 2019-03-22T18:00:13+00:00 March 22nd, 2019|Business|Comments Off on China’s new foreign investment law opens the door wider to overseas firms. But they’ll have to step up their game to make the most of it