In the News: China Relaxes Telecoms Investment; Proposed CFIUS Expanded Scrutiny Power; and China Tries to Improve Stock Market Confidence

April 18, 2024 | BY

Clarence Lee, Krista Lee &Brian Chan

China designates four pilot areas for foreign investment into telecommunications without ownership caps; CFIUS may be allowed to request more information on transactions that were not filed with them; and CSRC proposes tighter controls on programme trading

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China Lifts Some Restrictions on Foreign Investment into Telecoms

China announced that some limits to foreign investment into telecommunications services in four pilot areas will be lifted,SCMP reports.

The Ministry