Trust Investment Companies - A Vehicle for a Corporate Restructuring in China
February 28, 2001 | BY
clpstaff &clp articlesOn January 10 2001, the People's Bank of China issued the Administration of Trust and Investment Corporations Procedures. These measures help to lay the…
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On January 10 2001, the People's Bank of China issued the Administration of Trust and Investment Corporations Procedures. These measures help to lay the foundation for the creation of investment funds, which will play a key role in restructuring and privatising State-owned enterprises (SOEs) in China.
BACKGROUND