3 ms·
China has a specific "negative list" of sectors in which foreign investors are either barred or must enter into a joint venture. This list has been shrinking ye
by DiogenesKynikos 4y ago
China has a specific "negative list" of sectors in which foreign investors are either barred or must enter into a joint venture. This list has been shrinking year by year. For example, Tesla 100% owns its operations in China, which wouldn't have been possible 5 years ago.
Is chip fabrication on the negative list? I can't find any references to it being on the negative list. On the contrary, I've found references to foreign investment in semiconductors being explicitly encouraged by a few provincial governements.[0]
0. https://cms.law/en/chn/publication/china-releases-its-revised-negative-list-for-market-access-2020-and-catalogue-of-industries-for-encouraging-foreign-investment-2020#:~:text=(3)%20Semiconductor%20materials%20and%20industrial%20ceramics%20have%20been%20added%20for%20Hubei%20and%20Sichuan%20Provinces%20and%20Chongqing%20Municipality https://cms.law/en/chn/publication/china-releases-its-revise....