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China: Beijing Forces Through a New Investment Law

Mar 15, 2019 | 22:43 GMT

As Beijing searches for concessions to offer the United States in their ongoing trade talks, Chinese lawmakers have worked to expedite a new foreign investment law -- compressing the legislative review period into just three short months. The accelerated passage of the much-anticipated new investment law -- and the fact that it specifically addresses key issues such as forced tech transfers, intellectual property rights and corporate espionage -- reflects Beijing's intent to express its commitment to meeting U.S. demands and quelling foreign stakeholders' concerns with the country's business environment. Though despite its intent, the ambiguity of the law -- namely, on issues related to national security review on foreign investment -- has still left room for controversy. ...

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