Anthony Chan highlights some of the considerations for foreign investors in China.
China’s aviation market looks set to open up further as new regulations effective as of 1 August 2002, entitled "Provisions on Investment in the Civil Aviation Industry by Foreign Investors", permit foreign investors to invest in a broad range of aviation projects, including buying shares in Chinese carriers, and foreign investment in Chinese airports, air transportation enterprises and general purpose aviation enterprises. This is in keeping with China’s WTO commitments to liberalise market environment for foreign investors. As businesses active in the aviation industry turn to China for its untapped potential, they are beginning to realise the many pitfalls of doing business there.
