China’s National People’s Congress will vote next week on new legislation covering foreign investment. Photo: AP

China set to vote on new law aimed at levelling playing field for foreign investors

  • Members of the foreign business community say the legislation is being pushed through in response to the trade war with the United States
  • Chinese analysts say it reflects China’s desire to improve its economy and legal system
Topic |   Two Sessions 2019 (Lianghui)

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China’s National People’s Congress will vote next week on new legislation covering foreign investment. Photo: AP
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Foreign direct investment in China amounted to US$135 billion in 2018, an increase of 3 per cent from a year earlier, according to Chinese government data. Photo: EPA

China to make forced technology transfer illegal as Beijing tries to woo back foreign investors

  • Issue a key demand made by US President Donald Trump as part of the ongoing US-China trade war
  • China expected to pass new foreign investment law next week during National People’s Congress
Topic |   Two Sessions 2019 (Lianghui)

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Foreign direct investment in China amounted to US$135 billion in 2018, an increase of 3 per cent from a year earlier, according to Chinese government data. Photo: EPA
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