China

China’s new law aimed at equal market treatment draws scepticism from observers



A new law aimed at addressing concerns that China treats foreign firms unfairly will be hard to put in practice because of the country’s centralised political system and opaque judiciary, analysts and businessmen said.Beijing on Wednesday passed legislation aimed at levelling the playing field for overseas companies operating in China by promising to promote a market-driven system that provided a “stable, fair, transparent and predictable environment” for business.The legislation, which will…



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