Chinese President Xi Jinping and US President Donald Trump met on the sidelines of the G20 summit in Argentina in December. Photo: Reuters

China is rushing through overseas investment reform at unprecedented speed ‘under pressure from US’

  • The Foreign Investment Law of the People's Republic of China aims to address issues raised by US President Donald Trump at summit with Xi Jinping last year
  • Move viewed as attempt to avoid escalation in tariffs placed on US$250 billion of Chinese exports, which may rise from 10 per cent to 25 per cent in March
Topic |   China economy

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Chinese President Xi Jinping and US President Donald Trump met on the sidelines of the G20 summit in Argentina in December. Photo: Reuters
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Finbarr Bermingham

Finbarr Bermingham

Finbarr Bermingham has been reporting on Asian trade since 2014. Prior to this, he covered global trade and economics in London. He joined the Post in 2018, before which he was Asia Editor at Global Trade Review and Trade Correspondent for the International Business Times.

William Zheng

William Zheng

William Zheng is a veteran journalist who has served and led major Hong Kong and Singapore media organizations in his 20-year career, covering greater China. He is now deputy China Editor of the South China Morning Post.