Regulation from 1995 requiring companies to set up representative offices in China scrapped, as vice-premier warns of new challenges ahead. As Washington prepares to unveil a corporate tax-cut plan, Beijing has scrapped cumbersome requirements on foreign businesses that have been in place for 22 years in its latest bid to woo investors.
To read the full article in South China Morning Post, click: Beijing Cuts Red Tape for Foreign Firms as it Vies for Investors.
