Middle Kingdom’s no-go investment areas posted
(China) - China has released a list of areas banned to foreign investment despite market liberalisation on entering the World Trade Organisation December last.
The country is barring foreign investment in strategic parts of the economy, including construction and operation of power grids and aviation transport control companies.
Also covered is investment in financial futures firms and broadcasting and television sectors.
The total number of sectors in which China now bans foreign investment has fallen to 75 from 112, effective April 4, having attracted US$46.8 billion in direct foreign investment last year.
Also covered is investment in financial futures firms and broadcasting and television sectors.
The total number of sectors in which China now bans foreign investment has fallen to 75 from 112, effective April 4, having attracted US$46.8 billion in direct foreign investment last year.
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