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【China Affairs】China protects foreign businesses and adopts the Negative List

Author:Ice Li(China Accountant, HW Wealth Succession Family Office)


Standing Committee of the National People's Congress of the people’s Republic of China (Chinese: 中華人民共和國全國人民代表大會常務委員會) is reviewing the Draft of Foreign Investment law, so it will not only replace the past three Acts but also become the lawful assurance and powerful protection for foreign Investments. A spotlight is using a legal method to ensure the foreign rights and interests, for example, by not compelling the technology transfer and adopting the Negative List of management model would soothe foreign businesses that invest in China, including Taiwanese companies...

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