CHINA LIBERALISES PRIVATE AIRPORT INVESTMENT CONTROLS
November 1st, 2016
The Civil Aviation Administration of China (CAAC) has liberalised its rules limiting the injection of private capital into mainland China airports. State news agency Xinhua has reported that private investors will henceforth not need CAAC approval to fund terminals, logistics and warehousing, ground services and other operations of entirely civilian airports. Moreover, approved private and foreign investors will be allowed to provide intermediary services such as counselling, designing and maintenance for civilian airports, said the new guidelines issued by the ...
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