Not exact matches
Since the early 1980s, China has
opened its
economy to FDI by
gradually expanding the geographic terrain on which foreign multinationals were permitted to conduct business and build factories, and China's policymakers have accompanied this trend with the negotiation of BITs.
In parallel with continuing efforts to
open the Chinese
economy, these restrictions on investment protection were
gradually lifted, and by the time China entered the WTO, any newly negotiated BITs by and large resembled the format used by a broad number of countries in the world.
Based on these and other examples, we might expect that as China's
economy matures, it should
gradually become more
open to foreign competition or face stagnation.
«It should be noted that the coal industry is
gradually being
opened to market
economy, while the electricity industry is still highly regulated in China.»