In the past, foreign banks were required to have a local Chinese partner and not allowed to hold more than 49 percent of their respective joint ventures.
The world's top two economies have been waging a merciless trade war since March 2018, resulting in mutual tariffs being slapped on hundreds of billions of dollars' worth of annual trade.
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:
China realising what South Africa fails to see.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China seeks to identify cause of mystery pneumonia - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Chinese health authorities are trying to identify what is causing an outbreak of pneumonia in the central city of Wuhan, officials said on Friday, as the tally of cases rose to 44 and Singapore said it would screen arrivals on flights from there.
Source: SABC News Online - 🏆 32. / 51 Read more »
China replaces its Hong Kong liaison office head - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.China has replaced the head of its Hong Kong liaison office, the most senior mainland political official based in the Chinese-controlled territory, following more than six months of often-violent anti-government protests in the city. Long live President Xi
Source: SABC News Online - 🏆 32. / 51 Read more »