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NPC to pass law simplifying foreign-related investments

The National People’s Congress (NPC) is expected to endorse the foreign investment law on Friday, in a bid to simplify foreign-related investment processes amid US-China trade tensions. However, some restrictions will remain, including those regulating China’s finance industry. The first draft of the foreign investment law was published in January 2015, since which time China’s authorities have debated and deliberated over…

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