Want to Invest in North Korea? China Hands Out New How-to Guide
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Cabbage costs 42 cents a kilogram in North Korea, don’t clink glasses when toasting in Iran, and celebrate Chinese festivals with locals in the U.S. All these are handy hints in China’s latest handbook for businesses investing or trading abroad.
The 2014 guidelines covering 166 countries and regions were released today by China’s Ministry of Commerce in Beijing. The handbook is well timed: outbound investment from China exceeded inbound foreign direct investment in three months through September, government data shows.