søndag 7. april 2019

The Missed Opportunity in China’s Foreign Investment Law

China's new Foreign Investment Lar, the main legislative accomplishment of this year’s “two sessions,” has been hailed as a “landmark law in China’s opening up” by Chinese state media. Overseas observers are moderately optimistic about its potential to even the playing field on the Chinese market for foreign companies.

A provision in the new law stating that China will “establish a foreign investment security screening system” has dampened enthusiasm, as some are concerned that the system could erect new investment barriers. Yet the new security screening provision overlaps rather than adds to existing rules and laws.