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As US-China decoupling threat mounts, Beijing looks to open up market for foreign services trade

Summary:
[unable to retrieve full-text content]China says it is speeding up the drafting of a so-called negative list for cross-border trade in services as part of national efforts to open up key areas of the economy to foreign businesses amid mounting pressure of economic decoupling from the United States.Foreign-investment access to the domestic market is managed via such negative lists, which detail sectors and industries that are restricted or prohibited to foreign firms.The introduction of a negative list for the services trade would…

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[unable to retrieve full-text content]
China says it is speeding up the drafting of a so-called negative list for cross-border trade in services as part of national efforts to open up key areas of the economy to foreign businesses amid mounting pressure of economic decoupling from the United States.Foreign-investment access to the domestic market is managed via such negative lists, which detail sectors and industries that are restricted or prohibited to foreign firms.The introduction of a negative list for the services trade would…

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