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> Didn't China require any foreign company to be controlled by Chinese to get access to the Chinese market? It varies by industry. And loosened quite a bit sin
by est 6y ago
> Didn't China require any foreign company to be controlled by Chinese to get access to the Chinese market?
It varies by industry. And loosened quite a bit since the trade war.
The most recent case:
Exxon Mobil starts building $10 billion China petrochemical complex
https://www.reuters.com/article/us-exxonmobil-china-petrochemical/exxon-mobil-starts-building-10-billion-china-petrochemical-complex-xinhua-idUSKCN2241DJ https://www.reuters.com/article/us-exxonmobil-china-petroche...
Now Shanghai FTZ allows foreign Internet services operate without the ICP licence. Interesting times.