China to ease foreign investments curbs, won't force tech transfers: vice minister

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China to ease foreign investments curbs, won't force tech transfers: vice minister
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China will eliminate all restrictions on foreign investments not included in its...

BEIJING - China will eliminate all restrictions on foreign investments not included in its self-styled “negative lists”, a vice commerce minister said on Tuesday, signaling upcoming directives.

Such transfers have been a major source of tension between China and the United States, which have been embroiled in a trade war for over a year. Policies will also be fine-tuned to ensure foreign and domestic players have equal market access to manufacturing new-energy vehicles, he said.

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