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This summer, with U.S.-China trade tensions continuing to simmer, China’s planning and trade agencies issued new Negative Lists easing somewhat foreign investment restrictions in various technology and service sectors and also opening new sectors for foreign investment within in China’s free trade zones. They also issued an accompanying new Catalogue of Encouraged Industries for Foreign Investment. These revised documents came into effect on July 30, 2019.  Authored by Paul McKenzie, this article on Hong Kong Lawyer, the official journal of the Law Society of Hong Kong, analyzes the implications of these new documents.

China’s 2019 Negative Lists – a Positive, if Small, Step

We are Morrison Foerster — a global firm of exceptional credentials. Our clients include some of the largest financial institutions, investment banks, and Fortune 100, technology, and life sciences companies. The Financial Times has named us to its list of most innovative law firms in North America every year that it has published its Innovative Lawyers Reports in the region,and Chambers Asia-Pacific has named us the Japan International Firm of the Year for the sixth year in a row. Our lawyers are committed to achieving innovative and business-minded results for our clients, while preserving the differences that make us stronger.Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Prior results do not guarantee a similar outcome.

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This summer, with U.S.-China trade tensions continuing to simmer, China’s planning and trade agencies issued new Negative Lists easing somewhat foreign investment restrictions in various technology and service sectors and also opening new sectors for foreign investment within in China’s free trade zones. They also issued an accompanying new Catalogue of Encouraged Industries for Foreign Investment. These revised documents came into effect on July 30, 2019.  Authored by Paul McKenzie, this article on Hong Kong Lawyer, the official journal of the Law Society of Hong Kong, analyzes the implications of these new documents.Read the <a target="_blank" href="http://www.hk-lawyer.org/content/china%E2%80%99s-2019-negative-lists-%E2%80%93-positive-if-small-step">full article</a>.