China eases restrictions for investment in free-trade zones
China has removed 27 restrictions in its new list of negatives for foreign investment in its free-trade zones, according to a cabinet notice issued on Friday.
Chinese leaders have pledged to open the world’s second-largest economy wider to foreign investors, but a negative list is in place for its 11 free-trade zones – which enjoy looser trade and financial regulations on a trial basis – that specifies the areas that are off limits to foreign capital.