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Freeholds are saying " The new draft law is expected to be...

  1. VYR
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    Freeholds are saying " The new draft law is expected to be issued in final form and be effective in early 2020."

    But this from the Financial Review seems to indicate the Government is bending over backwards to accomodate Trump. "The National People's Congress, China's rubber-stamp parliament, will vote on the new foreign investment law,  during a session scheduled to open on March 5, the official Xinhua news agency reported Wednesday. It is sure to be approved.The speed with which China is enacting the law - Beijing will do in three months what usually takes at least a year - underscores President Xi Jinping's eagerness to reach a deal."

    And simply put  "  It also creates a more level playing field in which foreign and domestic companies would be treated equally in the eyes of the law, and allows foreign businesses in China to freely repatriate their profits "

 
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