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Hong Kong

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  • China further boosts internationalisation of RMB by expanding avenues for investing offshore RMB. Read more >
  • China’s revised franchising policies create more friendly environment for foreign investment in franchising - New rules that revise the mandatory procedures for registering a franchising business in China provide for the delegation of administrative authority over franchising from the PRC central to the provincial level authorities.  The rules fail to remove the onerous requirement for a franchisor to have operated two retail stores for at least one year before it qualifies to apply for a franchising licence in China. In another development, China’s recently revised guidelines on foreign investment no longer classify franchising as a business in which foreign investment is restricted. Read more>
  • China adjusts its foreign investment guidelines - China has introduced important changes to its mandatory guidelines for foreign investment in China.  The changes create new possibilities for foreign investors in sectors such as financial leasing, mining and distribution while in relation to other business activities they are aimed at discouraging and even prohibiting foreign investment. Read more>

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