China Foreign Investment Law to Treat Foreign and Domestic Companies Equally; Expert Disagrees

China Foreign Investment Law  to Treat Foreign and Domestic Companies Equally; Expert Disagrees
Ships pass by the skyline of the Pudong Financial District in Shanghai on Aug. 14, 2015. Johannes Eisele/AFP/Getty Images
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News Analysis

China’s first revision of its 2006 New Company Law, which takes effect on Jan. 1, will supposedly treat foreign and private domestic investors the same way. Although the move sounds positive, an American attorney who is an expert on China’s business laws expressed skepticism over the new development.