AmCham China Lauds Beijing’s Opening, But Urges More
*The American Chamber of Commerce in China praised the easing of foreign ownership restrictions in the credit rating and securities sectors
*The group’s chairman said the biggest challenge facing member firms is the ‘lack of transparent regulations and inconsistent enforcement’
The American Chamber of Commerce in China (AmCham China) said that while it appreciates China’s opening to foreign investors in certain sectors, it urges more communication between U.S. and Chinese authorities in high-tech and agriculture.
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