Giving a Boost to Foreign Equity Participation in Domestic Financial Institutions

February 29, 2004 | BY

clpstaff &clp articles

For the first time legislation has been issued that makes clear the requirements for foreign acquisition of PRC banking and finance companies.

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By Christina Choi & Carmen Kan, Clifford Chance, Hong Kong

China is now more receptive than ever to foreign investment in domestic financial institutions. From a statement released on the