China eases regulations on Hainan to let foreign firms work under same rules as Chinese companies ...News

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China eases regulations on Hainan to let foreign firms work under same rules as Chinese companies
source : Russia Today ( News ) () 14
China’s southern Hainan province issued an updated regulation on cross-border trade in services, effectively becoming the first region to allow foreign firms to carry out commercial activity under the same rules as Chinese firms. “This is an important step towards enhancing the high-level openness of the Chinese [international trade] system, and is essential for the intensive development of the Hainan Free Trade Port,” the Chinese Ministry of Commerce stated with regard to the new regulation. Also on rt.com RT’s Keiser Report looks at China’s rise amid global disorder

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