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Expert Analysis

China's Draft Foreign Investment Guidance Is Encouraging

Law360, New York (January 23, 2015, 10:09 AM EST) -- Recently, the National Development and Reform Commission and Ministry of Commerce of the People's Republic of China jointly released a draft of the new Foreign Investment Guidance Catalogue for public comment. The 2014 draft catalogue would retain the framework of classifying Chinese industries into "encouraged," "restricted" and "prohibited" categories (industries not listed are "permitted"); however, it substantially reduces the restrictions on foreign investment currently in place....

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