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

April 18, 2024 | BY

clee &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

Credit: Sashkin/Adobe Stock

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.

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