China to remove limits on foreign firm ownership earlier than expected

3 July 2019 | 3 minutes read

China will remove limitations on foreign firm ownership a year earlier than previously expected and expedite Foreign Investment Law-related regulations in a bid to facilitate the opening of its financial markets, according to Premier Li Keqiang who spoke at the World Economic Forum in Dalian on Tuesday. “We will move up the lifting of foreign ownership caps in securities and…

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