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.

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