China Facts: Protectionism, an example


Rail transport. In parts of the metro industry there seems to be a point-based system for awarding contracts. The maximum number of points is given to domestic companies, half the number of points to joint ventures and zero extra points to wholly foreign-owned companies. Even companies which have localised production beyond the already massive requirements are facing an increased insurmountable protective wall favouring Chinese state-owned enterprises*)  



*) SCMP 23rd October 2016 by M. Clauss, the German Ambassador to China







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Hans Henrik Pontoppidan
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