China trims blacklist to lure back foreign investors. Tech still blocked while forest seeds get greenlight…

CHINA SLASHES ‘NO-GO’ LIST TO WIN BACK FOREIGN CASH

Beijing just cut its investment blacklist from 117 to 106 industries in a fresh attempt to say: “Please invest here, we swear it’s fine.”

TV, telecoms, and pharma services got partial green lights, while e-cigs and drones? Still on the no-no list – because nothing says “market vitality” like banning your fastest-growing tech sectors.

With U.S tariffs hitting hard and domestic demand flailing, China’s hoping a friendlier entry sign will distract from the economic tire fire in the background.

But hey, forest seed imports? Wide open.

Source: Reuters

The National Development and Reform Commission of the People’s Republic of China (NDRC) has trimmed the number of items on its negative list from 117 to 106.

China’s Negative List is a government-issued list that identifies areas and industries in which foreign investment is restricted or forbidden. It’s an important part of China’s effort to manage and gradually liberalize its foreign investment policy.

https://www.fxstreet.com/news/chinas-state-planner-reduces-the-number-of-items-on-its-negative-list-from-117-to-106-202504240119