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China Takes Cautious Step Toward Opening Up to US Investors

China soon is expected to reduce the number of business sectors that are barred from receiving foreign investment. Vice Premier Wang Yang said Monday that China would submit the "new negative" list next week, but just how many sectors will open up remains uncertain. The issue is a focus among top U.S. and Chinese officials at the "Strategic and Economic Dialogue" talks in Beijing this week. Washington has pushed Beijing to reduce the number of investment areas...

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