China Fleshes Out New Law to Level Playing Field for Foreign Investors

China has dished out more details about its new Foreign Investment Law due to take effect next year, but researchers and foreign investors want more.

The release of the draft of the law’s implementation guidelines, published Friday by the Ministry of Justice, offers a glimpse into how far Chinese lawmakers are willing to go to address foreign companies’ complaints about unfair treatment, including forced technology transfers. That issue of technology transfers, in which foreign firms say they are railroaded into handing over valuable intellectual property to Chinese partners in order to operate in the country, is one of the thorniest issues behind the China-U.S. trade war.