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07 April 2020 The on-line newspaper devoted to the world of transports 17:59 GMT+2



December 12, 2018
(posted Dec. 4)

China revises management rules on establishment of fully foreign-owned shipping businesses

BEIJING, Dec. 4 (Xinhua) -- Foreign shipping companies will find it easier to establish wholly-owned subsidiaries in China thanks to a revised regulation due to take effect on Jan. 1, 2019.
The newly revised decision, endorsed by the ministries of Commerce and Transport, stipulates that the two ministries will be responsible for managing rather than approving the set-up of fully foreign-owned shipping companies in China ......
Read more on Xinhua News Agency



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