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Top U.S. official says more work needed on China investment rules
Reuters: China's latest proposed list of industries that would be off-limits to foreign investors shows more work is needed to agree on a new investment treaty with the United States, U.S. Commerce Secretary Penny Pritzker said in an interview on Monday.
Reaching an agreement over the so-called 'negative list' of businesses in China that are out of bounds to foreign investors is crucial in sealing a treaty between Beijing and Washington that would lift investment flows between the world’s two largest economies.
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