China further eases forex rules to attract FDI
Beijing: China, the world's biggest recipient of foreign direct investment, has further eased rules governing the flow of overseas funds into the communist nation including broadening the array of funding sources that foreign investors can use to establish joint ventures.
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US Tech CEO charged in $150-mn investment scheme
New York: US Technologies CEO C. Gregory Earls was charged with misusing $15 million entrusted to him by investors allegedly funneling some of the money into a trust fund for his children.
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