Foreign Capital and SOEs: China's Forays into State Enterprise Reform

Reforming China's state-owned enterprises is crucial to any economic reform efforts. A preliminary step has been made to introduce foreign investment into the public sector, and comes amid a more broadly based legislative effort to revamp China's economy.

15 minute readNovember 30, 2002 at 11:58 PM

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By Jean-Marc Deschandol Partner, & Wang Tong, Associate, Norton Rose, Beijing

On November 8 2002 the government introduced the Use of Foreign Investment to Restructure State-owned Enterprises Tentative Procedures (the Tentative Procedures), and they take effect January 1 2003.

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