Have you been interested in investing in booming Chinese companies but the red tape from China itself has been a deterrent? Do I have good news for you!

 Many North American investors these days are itching to get some capital growing under the Eastern sun, as business continues to expand for Chinese businesses. With market share and profits rising for many companies in China, international investors can't wait to get in on the action.

 The recent news out of China is that investors may not have to wait much longer.

 Earlier this year, a new policy was implemented that made it rather difficult for foreign venture capitalists to invest in Chinese companies. Government officials hoped that the policy would deter investors who wanted to make a quick buck from any upward movement in the Yuan.

 The plan worked, but now Chinese companies could use the capital boost that foreign investors could provide to help fund new developments in the high-tech arena. Now the Central Government is lifting the current policy, thinking the change will "help domestic companies to make full use of the international capital market, support the growth of the domestic high- technology industry and venture-capital industry."

 The change hasn't yet been implemented, and China's State Administration of Foreign Exchange (SAFE) has not yet commented on the draft of the new regulations.

 Like the change in the Yuan this year, however, it looks as though more good opportunities could soon be available in China for foreign investors, and that's great news for all of us involved in economics and investment.