Arguably the development of China’s investment law system mirrors the development of China’s economy if not the whole society since the start of the reform process in late 1978. What began as a tightly controlled regime with very limited options, then saw an increasing liberalization with regulatory corrections along the way when deemed necessary. On the face of it, the situation has culminated in the enactment of the PRC Investment Law on 1 January 2020. This seminar aims to trace key developments of China’s inbound investment law and to identify the main drivers. It also searches for patterns, if any, which characterize the evolution of China’s investment law with the ultimate goal to allow for future predictions.