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China formalized the easing of foreign investment restrictions on a range of industries from banking to agriculture, against the backdrop of an escalating trade dispute with the U.S. China’s National Development and Reform Commission on Thursday published an updated version of its so-called negative list, which outlines industries where foreign investment is limited or banned. Among the changes, many of […]

The trade war that the United States has unleashed on China goes beyond the objective of closing the yawning trade gap between the world’s two largest economies. Another of Washington’s objectives is to force China to implement structural reforms to level the playing field that favours state-owned enterprises (SOEs), which have long enjoyed special treatment […]