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Stay calm and carry on: 50:50 JV equity rule relaxation coming at the right time

Tesla CEO Elon Musk must be on cloud nine right now. The comments from Chinese President Xi Jinping on April 10 at the Boao Forum for Asia 2018 Annual Conference that China would reduce limits on foreign investment in the auto industry (see Bye bye 50:50 JV equity rule? Chinese President

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Chinese Premier Li Keqiang: China to completely open up manufacturing sector

BEIJING – Chinese Premier Li Keqiang reiterated to the press on March 20 that China will completely open up the country’s manufacturing sector to foreign investment without imposing compulsory technology transfers from foreign companies. Li made the comments while responding to a question from Bloomberg over China’s reform on foreign investment

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50:50 JV equity rule relaxation highlights new industry development roadmap

BEIJING – The Ministry of Industry and Information Technology (MIIT), the National Development and Reform Commission (NDRC) and the Ministry of Science and Technology (MOST) jointly released China’s Auto Industry Mid- to Long-Term Development Plan on April 25. The industry had been looking forward to this document for some time

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