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Sun, Dec 10, 2000 - Page 2 News List

Chinese official urges technology ties

By Richard Dobson  /  STAFF REPORTER

Currently China imposes a loose ban on direct foreign investment in Internet firms and will cap indirect foreign ownership of Web firms at 49 percent when it enters the WTO. It will lift that figure to 50 percent one year later.

In a sign of promise, AT&T recently became the first foreign firm allowed to provide telecommunications services in China.

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