Foreign investors can buy up more of the world’s second-largest economy after China updated a regulatory list that had capped investment across several industries. While a trade war brews with Trump White House, China has decided to make good on foreign investment reforms and will now allow foreigners to take more ownership in banks, brokerages and car manufacturers, all starting in 2021. “The reduction of the list means there’ll be more opportunities for cross-border enterprises […]
source https://therealdeal.com/2018/06/30/open-for-business-china-lifts-bans-on-foreign-investors-in-several-economic-sectors/
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