China drops 50% foreign ownership cap in telecoms pilots

Beijing has removed the 50 percent foreign ownership limit in its telecoms pilot zones. The change allows international companies to establish operations in approved areas.

The policy shift aims to attract new investment while addressing restrictions imposed by the United States on carriers. International firms can now participate directly in the designated Chinese zones without the previous ownership restriction. Officials presented the move as a response to external pressures on the sector.

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Chinese officials and executives highlighted plans to ease market access and expand services sectors at a business conference ahead of an APEC trade meeting in Suzhou.

Von KI berichtet

Das Ministerium für Transport und Logistik hat eine überarbeitete Richtlinie erlassen, die es ausländischen Unternehmen ermöglicht, im äthiopischen multimodalen Transportsektor ohne die bisherige Eigentumsbeschränkung von 49 Prozent tätig zu werden.

Korean investors turned net buyers of several China-focused exchange-traded funds and technology stocks on Thursday amid a decline in mainland Chinese markets.

Von KI berichtet

Conflict in the Middle East and global turbulence following US-Israeli strikes against Iran have prompted foreign investors to seek certainty in China. Speakers at the China Development Forum highlighted this trend.

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