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China's Amended Investment Law Leaves Some Details Vague

Law360 (June 6, 2019, 4:16 PM EDT) -- On March 15, 2019, the China National People’s Congress passed the amended Foreign Investment Law. The amended law is the latest move by the Chinese government to promote its opening-up initiative. The initiative focuses on China implementing high-level investment liberalization and facilitation policies, developing foreign investment promotion mechanisms and striving to develop a stable, transparent and predictable investment environment.

The amended law addresses several key issues that have been highlighted in the ongoing trade dispute between the U.S. and China, including: (1) affirmation of the preestablished national treatment principle with restricted sectors listed on a negative list; (2) equal access and...

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