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On December 27, Reuters reports that “China has proposed a ban on forced technology transfer and illegal government “interference” in foreign business operations, practices that have come under the spotlight in a trade dispute with the United States.

A draft foreign investment law, the full text of which was published by the top legislature on Wednesday, comes as China tries to resolve its protracted standoff with the United States, which accuses it of unfair trade practices including intellectual property (IP) theft and forced IP transfer.

While China has frequently denied such accusations, it has pledged to improve market access for foreign investors and better protect their rights in the face of growing complaints and slower foreign investment.”

To view the full article, visit Reuters.com.

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