The Outcomes of Bilateral Investment Treaty Negotiations
ANBOUND
The negotiations of bilateral investment treaty between China and the US have shown an important breakthrough. In particular, China will extend its "national treatment" to foreign investors and will carry out “negative listing” on those problematic companies. But a lot more efforts are needed before this breakthrough can lead to the real opening up of bilateral investments. From China's perspective, it should stay rational, advance its interests objectively and promote the reform of domestic market through this opening up.