China's parliament takes up new foreign investment law

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

China's rubber-stamp parliament took up on Friday a draft foreign investment law that could help smooth out trade talks with the US as the world's ...

BEIJING: China's rubber-stamp parliament took up on Friday a draft foreign investment law that could help smooth out trade talks with the US as the world's top two economies angle towards a deal.

The law aims to assuage concerns about China's business environment for foreign firms, but earlier versions of the draft drew criticism from some business groups. "This will certainly provide a more comprehensive and more powerful rule of law guarantee for foreign investment interests," Ning told reporters earlier this week.Beijing sees the law as a tool to attract more foreign investment as its economy slows.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China won't make big concessions on US trade deal, ex-finance minister Lou Jiwei saysBEIJING (BLOOMBERG) - China won't make big concessions to the US in order to seal a trade deal, former finance minister Lou Jiwei said in Beijing on Wednesday (March 6), calling some US demands for change 'unreasonable.'. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »