China is to allow foreign companies enter the Chinese market and get full ownership of telecom and internet services.

As the state-owned Xinhua news agency announced, five areas, including app stores, store and forward, domestic multi-party communication, call centers and home Internet access will be available for full ownership. However, a cap of 55% for foreign ownership will be adopted for data and dealing analysis services.

As Wen Ku, head of the telecom development department of the M...

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