Tuesday, 24 February 2015

Ken Davies' article on China's new investment rules (Nikkei Asian Review)

February 20, 2015 7:00 pm JST
Ken Davies

China's new investment rules: A step forward, but more is needed

The Chinese authorities are at long last starting to simplify the law on foreign investment in line with recommendations from trading partners and international organizations like the World Bank, the United Nations and the Organization for Economic Cooperation and Development. While this is a step forward, it does not yet provide a completely open and nondiscriminatory environment for foreign investors.
     The Ministry of Commerce, in charge of framing and implementing policies on both inward and outward investments, published a draft Foreign Investment Law on Jan. 19. This followed over a year of public consultation and there was a short window of opportunity -- until Feb. 17 -- for comments to be submitted before the law is finalized.