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
Acquisition of SOEs in Shanghai: New Rules Open the Market
Shanghai 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.
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