Fans enter Hogsmeade at the Grand Opening of the "Wizarding World of Harry Potter" at Universal Studios Hollywood. China is removing a 49 per cent foreign investment cap on entertainment venues in Beijing. Photo: AFP

Chinese capital relaxes grip on foreign-owned nightclubs, entertainment spots and bars

China’s cabinet has removed a 49pc investment cap on foreign investors setting up entertainment venues in Beijing

Topic |   Consumers

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Fans enter Hogsmeade at the Grand Opening of the "Wizarding World of Harry Potter" at Universal Studios Hollywood. China is removing a 49 per cent foreign investment cap on entertainment venues in Beijing. Photo: AFP
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