China has removed 27 restrictions in its newly issued negative list for foreign investment in its free-trade zones, its cabinet said on Friday in a notice. Chinese leaders have pledged to open the world's second-largest economy wider to foreign investors but a negative list specifying the areas off limits to foreign capital is in place for its eleven free trade zones, which enjoy looser trade and financial regulations on a trial basis. Among the beneficiaries of the new negative list across more than 20 industries are foreign makers of rail transport equipment and civilian ...
China removes 27 restrictions for foreign investment in free-trade zones
Banking rules eased, which in the past forbade foreign banks from underwriting Chinese govt bonds