12-07-2013, 10:22 AM
IMO, a sign on China opening up domestic market soon...
US, China relaunch discussions on investment treaty
WASHINGTON — The United States and China agreed yesterday to restart stalled negotiations on an investment treaty, with Beijing dropping previous efforts to protect certain sectors of its economy from the start.
The move was an encouraging sign that the world’s second-largest economy is willing to open up more sectors to foreign competition, a US Treasury official told reporters on the sidelines of US-China economic talks.
“The commitment made today stands to be a significant breakthrough and marks the first time China has agreed to negotiate a Bilateral Investment Treaty, to include all sectors and stages of investment, with another country,” US Treasury Secretary Jack Lew said in a statement
http://www.todayonline.com/business/us-c...ent-treaty
US, China relaunch discussions on investment treaty
WASHINGTON — The United States and China agreed yesterday to restart stalled negotiations on an investment treaty, with Beijing dropping previous efforts to protect certain sectors of its economy from the start.
The move was an encouraging sign that the world’s second-largest economy is willing to open up more sectors to foreign competition, a US Treasury official told reporters on the sidelines of US-China economic talks.
“The commitment made today stands to be a significant breakthrough and marks the first time China has agreed to negotiate a Bilateral Investment Treaty, to include all sectors and stages of investment, with another country,” US Treasury Secretary Jack Lew said in a statement
http://www.todayonline.com/business/us-c...ent-treaty