Progress or Setback? Looking at the New Approval Measures for Foreign Investment Projects
October 31, 2004 | BY
clpstaff &clp articlesRegulatory changes that have made it easier to set up new foreign investments, but new rules have displayed an ambiguity over the respective roles of issuing authorities that may confound foreign investors.
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By Xu Ping and Mark Schaub, King & Wood, Beijing and Shanghai
An important cornerstone of the PRC's foreign investment system has been the ability of the government to control