ASR is a member of the Global Services Coalition, which has this week published comments on the reform of China’s foreign investment regime:
The Global Services Coalition (GSC) represents the services sector in Coalition members’ respective economies, particularly in matters of international trade and investment. A large number of our members have businesses operating in the People’s Republic of China, and many of these businesses would be interested in further investing in China. The GSC therefore has a strong interest in the on-going efforts by China towards economic reforms that would allow the private sector to play a more decisive role in the Chinese economy. The GSC therefore welcomes the initiative by the National People’s Congress proposing significant steps to reform China’s foreign investment regime. We share the view that such a step would contribute to attracting more foreign investment in the Chinese economy, with a potential for both more jobs and wealth creation.