China's diplomatic double-talk on FDI needs calling out

China says it welcomes private capital – better make the FDI rules clear then.

2018 marks the 40th anniversary of the launch of China's reform and opening-up, but foreign investors are still restricted from swathes of industry in the world’s second-largest economy.

China ranks just 78th for ease of doing business and 130th for trading across borders, according to the World Bank.

Premier Li Keqiang used his March 5 work report to the National People's Congress to reiterate the need to further open the market to foreign investors. FinanceAsia welcomes the sentiment especially in the face of trade mounting tensions with the US, but is waiting for the words to be meaningfully put into practice.

Investors...

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