Acquisition of SOEs in Shanghai: New Rules Open the Market
October 31, 2003 | BY
clpstaff &clp articlesShanghai has issued new regulations that govern the process of acquiring state-owned enterprises. The new rules should be read in conjunction with the various national level regulations which give foreign investors an opportunity to participate in state enterprise reform.
Bill Shouyun Tong, and Tom Yu, Wyselead Law Firm, Shanghai
The Shanghai State-owned Assets Supervision and Administration Commission, the Shanghai Foreign Investment Commission and the Shanghai Administration for Industry and