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China's New Foreign-funded M&A Provisions: Greater Legal Protection or Legalized Protectionism?
The Provisions add extra regulation by installing a more transparent and tightly controlled administration system and imposing additional requirements for foreign exchange registration.
China's latest merger and acquisition (M&A) rules have already generated much concern among foreign investors desiring to acquire Domestic Companies. The regulations come at a time when several high profile and controversial M&A deals hang in the balance. Will the new rules create new obstacles for foreign-funded M&As or will they provide better procedures for acquiring domestic enterprises?
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By Peter A. Neumann and Tony Zhang*, Faegre & Benson, Shanghai
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