In Compact and Briefing

At the beginning of this year 2020, the new investment law for China, the Foreign Investment Law (FIL 2020), came into force. The background for the current development is the increasing competitive situation between China and other economic powers in the world – China is aware that it can only offer an attractive framework for foreign investment with a rule of law and reliable order. The Foreign Investment Law 2020 follows China’s path towards economic openness, which was initiated with its WTO membership. Bilateral trade agreements with the USA and other countries also support this development, while the trade agreement with the European Union is still being negotiated.

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