China’s ‘negative lists’ indicate its sectors and industries that are prohibited for investment. In an unusual move this June, it has revised the lists rolled out in 2018 to allow for more foreign controlling majorities and even full ownership in an increasing number of industries. The changes will be fully implemented by the end of 2019, one year ahead of schedule, and will predominantly reduce scrutiny across the services sector (call centres, printing, store-and-forward)…
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