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Topic: Business
Number of pages / Number of words: 3 / 706
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China's has made a firm commitment to liberalise its telecommunications market, hereby making it accessible to foreign investors. For example since 1999, China has reduced tariffs on IT products from 13.5% to 0%. It also phased out any geographic restrictions for mobile services of all sorts.

Most importantly however, China committed to "allow 49% foreign investment in all services and will allow 50% foreign ownership for value-added paging services in two years; for mobile services, 49% in five years; and for international and domestic services, 49% in six years" (i...


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It also phased out any geographic restrictions for mobile services of all sorts.

Most importantly however, China committed to "allow 49% foreign investment in all services and will allow 50% foreign ownership for value-added paging services in two years; for mobile services, 49% in five years; and for international and domestic services, 49% in six years" (i...


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