China to Cut Red Tape to Boost Foreign Investment

Mark Magnier

“Though the shift from investment approvals to investment notifications may offer some limited benefit to foreign companies applying to invest in China, these measures clearly fall short of the significant liberalizations needed to reinvigorate foreign investors’ moderating confidence in the China market,” said Jake Parker, vice president of China operations at the U.S.-China Business Council, which represents over 200 American companies doing business in China.