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Alternative Market Briefing

China relaxes restrictions on foreign investments

Friday, December 30, 2016

Bailey McCann, Opalesque New York:

China is opening more of its economy to foreign investments. China's State Council held a meeting on Wednesday and approved new guidelines for outside investments in several sectors of the economy.

According to a report in China's state-owned media Xinhua, the changes will allow for investments in rail transportation, motorbikes, ethanol fuels. Accounting and auditing, architecture design and rating services will also be opened to foreign investment for the first time.

The guideline says that foreign firms are to be......................

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