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55 China combats US carrier restrictions by opening telecoms pilots to foreign outfits – Beijing drops 50% foreign ownership cap to attract new investment

TechRadar
TechRadar · today 15:40 EDT

China combats US carrier restrictions by opening telecoms pilots to foreign outfits – Beijing drops 50% foreign ownership cap to attract new investment

Foreign companies will no longer need to create Chinese joint ventures to sell in China, under this region-specific pilot.

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