China: How to Read New Law on Foreign Investment
Updated: Dec 30, 2019
China’s new Foreign Investment Law will come into effect January 1, 2020. It intends to accelerate market opening reforms and eliminate inconsistencies in the enforcement of laws, according to an article from China Briefing.
Despite the general nature and the vague wording of the new Foreign Investment Law (FIL), foreign investors with operations in China or planning to enter the Chinese market should review the legislation carefully.
By understanding what the FIL says and does not say, businesspeople will be better prepared to make plans and adapt their business to effectively comply with the new law’s provisions.
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