Discussions of equal treatment and protectionism tend to surface when headline-making deals are being reviewed by the Chinese regulators – the attempted takeover of Huiyuan Juice by Coca-Cola being a perfect example. But the two issues are not always intertwined.
“For many observers, the issue of whether or not the AML might be applied in a protectionist fashion crystallised around the time the Ministry of Commerce [Mofcom] prohibited the Coca-Cola/Huiyuan deal,” said JSM senior associate...
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