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14September2010

China and their Restrictions on Foreign Investment

In an article yesterday by Reuters, it was discussed that China is revising its “catalogue” regarding foreign investment that is allowed. Since joining the World Trade Organization in 2001, China has been very stodgy regarding the types of firms it allows to do business within its borders. Having recently visited China, I can attest first-hand that you do not see very many signs relating to foreign companies (save for the occasional KFC and McDonald’s logo). As the world’s number two economy, China has an obligation to the world to engage in more foreign commerce. This will benefit all concerned from a financial and a trust standpoint.

Posted by Doug Van Dyke on 2010-09-14 at 05:05 AM
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