Ning Jizhe said a new law aimed at levelling the playing field for foreign firms operating in China received a warm response from the US. Photo: EPA-EFE
Economy /  China Economy

China passes new law to help foreign firms after positive feedback from US in trade talks

  • The law, which will come into effect on January 1 next year, aims to create a ‘stable, fair, transparent and predictable’ business environment
  • A draft of the regulation was provided to US trade negotiators during talks in Washington earlier this month and received a warm response
Topic |   US-China trade war
Orange Wang
Orange Wang

Updated: 11:26pm, 23 Oct, 2019

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Ning Jizhe said a new law aimed at levelling the playing field for foreign firms operating in China received a warm response from the US. Photo: EPA-EFE
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Orange Wang

Orange Wang

Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.