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Rajah & Tann Regional Round-Up

your snapshot of key legal developments in Asia

Issue 2 - Apr/May/Jun 2017


CHINA

Restrictions on Investment into Free Trade Zones in China Further Loosened

On 16 June 2017, China officially released its updated negative list for admission of foreign investment in the free trade zones, which will be implemented with effect from 10 July 2017. Compared to the 2015 version, the new negative list has cut 10 items and 27 restrictions across eight industries. Railway transport equipment manufacturing, pharmaceutical manufacturing (except for manufacturing traditional Chinese patent medicines with confidential prescriptions and investing in applications of processing technology of traditional Chinese medicines prepared in ready-to-use forms), road transport, reinsurance cede-in or cede-out business, accounting and audit are no longer included in the "negative list".

CAMBODIA

CHINA

INDONESIA

LAO PDR

MALAYSIA

MYANMAR

PHILIPPINES

SINGAPORE

THAILAND

VIETNAM



Please note that whilst the information in this Update is correct to the best of our knowledge and belief at the time of writing, it is only intended to provide a general guide to the subject matter and should not be treated as a substitute for specific professional advice.

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