China's legislature will vote next week on a highly-anticipated bill that will bring"a fundamental change" for foreign investors, an official said Monday, in a move that could help ease US trade tensions.
The bill will eliminate the requirement for foreign firms to transfer proprietary technology to Chinese joint-venture partners -- a central issue in China's trade negotiations with the United States. Beijing uses negative lists to identify areas that are either off-limits to non-state businesses or that require them to go through an application and approval process.
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