SAFE Crackdown: Round-trips, Private Equity and M&A

March 31, 2005 | BY

clpstaff &clp articles

Under a recent crackdown by the State Administration for Foreign Exchange (SAFE), cross-border investments and related transactions of "domestic residents" of China are subject to tougher scrutiny, procedures and restrictions.

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By Neal Stender and Xiaowei (Sherry) Yin, Coudert Brothers, Hong Kong, Beijing and Shanghai

While foreigners are feeling the indirect effects of the new policy, the direct targets of the