Independent journal on economy and transport policy
01:43 GMT+2
China To Allow Foreign Control In Retailers
(Inside China Today)
September 11, 2000
SHANGHAI, Sep 10, 2000 - (Reuters) China will allow foreign investors to hold a controlling stake of up to 65 percent in some joint venture retailers, the official Shanghai Morning Post said on Sunday.
"China will gradually allow foreign partners to take a controlling stake if they manage less than three retail stores," the newspaper quoted Huang ...... Read more on Inside China Today
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