China to open up to more international investment including for ethanol

December 7, 2016 |

In China, the central government has published draft guidelines for foreign investment to help “increase openness with the outside world,” with industries such as corn processing and fuel ethanol seen as target sectors for foreign investment. It includes cutting the list of prohibited sectors where foreign investment is allowed to 62 from 93. The US and Germany have both been attempting to negotiate more open investment relationships with the country but have hit roadblocks. The new policy is open for public comment.

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