China opens more manufacturing, healthcare sectors to foreign money

Beijing will remove the last remaining limits on investments from other countries in the manufacturing sector from Nov. 1 and cut its list of areas that are restricted for foreign investors, according to a statement from the National Development and Reform Commission posted on Sunday. The restrictions to be dropped are relatively minor, such as requirements for Chinese majority control of printing factories and a prohibition on investment in production of Chinese herbal medication.

from International-News-Economic Times https://ift.tt/EMNf7Bj
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