ICYMI: China to allow more foreign investment (this should help ease trade tension)

The National Development and Reform Commission of the People's Republic of China (NDRC) has unveiled an easing of foreign investment curbs

  • Sectors including banking
  • automotive
  • heavy industries
  • agriculture

Markets in all of these will all be opened up further

To take effect July 28

This should help trade tensions calm down even if just a little and may slow the pace of CNY devaluation also.

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ADDED - OK …. here is a link with more detail

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