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International Law

: China Briefing Blog

Local Governments Allowed to Approve Foreign Investment

By China Briefing

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Mar. 13 - China’s Ministry of Commerce (MoC) is allowing local governments to authorize the set-up of foreign-funded ventures to cope with slowing capital inflows, effective immediately. Local governments can approve foreign investment worth up to US$100 million in sectors that the country wants to develop. Following the new regulation, foreign investors can go to local [...]

Full post as published by China Briefing Blog on March 12, 2009 (boomark / email).

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