China issues legal guidelines to support private business ...Middle East

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China issues legal guidelines to support private business
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People stand at a shopping mall near the CCTV headquarters and China Zun skyscraper, in Beijing’s central business district (CBD), China September 7, 2023. REUTERS/Tingshu Wang//File Photo Acquire Licensing Rights BEIJING, Oct 10 (Reuters) – China’s highest court on Tuesday issued guidelines to improve the legal environment for private business, state media CCTV said, suggesting renewed efforts by policymakers to support the private sector, a key growth driver. The country’s private sector is struggling to revive from COVID-19 curbs and a wide-ranging regulatory crackdown that targeted sectors from technology to private tutoring, weighing on the recovery of the world’s second-bigge

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