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TechRadar
TechRadar
Craig Hale

China combats US carrier restrictions by opening telecoms pilots to foreign outfits – Beijing drops 50% foreign ownership cap to attract new investment

China United States Beijing
China US flags cropped.
  • Pilot scheme drops the need for foreign companies to form Chinese JVs
  • The 50% cap on foreign ownership has been lifted in these regions
  • US asserts China poses "an unacceptable risk"

China has reportedly expanded a pilot program it's been running since last year, allowing foreign telecom companies more access to its market amid despite tensions with the US seeing Chinese companies being actively blocked.

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