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The People's Republic of China announced that new regulations will be issued by the end of June to allow foreign investment of up to 49 percent in Internet content and service providers. The regulations represent a turnaround from China's announcement last September that foreign investment in its ISP, ICP and e-commerce businesses was prohibited.
May 18, 2000 at 12:00 AM
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The original version of this story was published on Law.Com
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