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Chinese aviation industry to welcome overseas investmentChinese aviation industry to welcome overseas investment
12-Jul-2002
CHINA. Foreign investors will be allowed to take majority stakes in China?s airports and airlines for the first time from August 1, under new rules drafted by the country?s aviation regulator. The move is being made to attract more overseas investors into the market. Currently foreign stakes in airports are capped at 49% and 35% for airlines.
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By Trevor Lloyd-Jones
CHINA. Foreign investors will be allowed to take majority stakes in China?s airports and airlines for the first time from August 1, under new rules drafted by
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(4-Jul-2002) - China's aviation regulator announced this week it will raise limits on foreign investments in airports and airlines from August 1 2002 to attract more overseas investors into the sector
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