China’s new foreign investment law was approved during the National People’s Congress. Photo: Xinhua
China’s new foreign investment law was approved during the National People’s Congress. Photo: Xinhua

China approves new foreign investment law designed to level domestic playing field for overseas investors

  • Attempt by Beijing to address key issues raised by US President Donald Trump as part of the US-China trade war including forced technology transfer and market access
  • Draft had received a lukewarm reception, but was approved by the vast majority of the National People’s Congress lawmakers on Friday in Beijing