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China mulls new foreign investment law, forced technology transfer to be outlawed

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Chinese authority is considering a new law governing foreign investment which will forbid "forced transfer of technology" and proposed "national treatment" and "negative list" for foreign firms, according to a draft law released by the top legislative body on Sunday.

The new "unified law" will replace three existing laws on Chinese and foreign equity joint ventures, non-equity joint ventures and wholly foreign-owned enterprises, the official Xinhua news agency reported.

A draft of the proposed legislation was presented at . . .

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