OEF Rapid Review Articles
China has lost the top position as an investment destination to India, and has now opened up more sectors for foreign investors in order to catch up in the race between the two countries. It is offering a slice of tightly controlled segments like public transport and railway equipment to foreign players. But what prompted Beijing to bite the bullet despite resistance from state-owned enterprises is not just slipping numbers of foreign direct investments, but worries about US President-elect Trump using China’s partially closed market as a reason to launch negative trade actions.
LINK TO THE SOURCE ARTICLE:
China Opens Up To More Foreign Direct Investment
LINK TO THE SOURCE ARTICLE:
China Opens Up To More Foreign Direct Investment