China eases investment curbs as clash with US looms

China eases investment curbs as clash with US looms

6 years ago
Anonymous $cyhBy-qkd5

https://apnews.com/12039f8817454abda77d30f64721c1f1

BEIJING (AP) — China has eased limits on foreign ownership in auto manufacturing, insurance and other fields but didn't directly address complaints that are fueling conflict with Washington over trade and technology.

The investment changes, announced late Thursday, had been sought by Washington, Germany and other trading partners. They complain Beijing blocks access to much of its state-dominated economy while Chinese companies operate freely in other countries.

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