Round-trip investments key to reversing FDI decline

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    clpstaff &clp articles

    Delegation of approvals is only the first step

    China's Ministry of Commerce (Mofcom) must start approving so-called round-trip investments in addition to delegating powers to lower-level authorities if it wants to reverse the recent FDI slump.

    That was the message from lawyers as the latest in a series of Mofcom circulars – Circular 9 on Matters Concerning the Examination and Approval of Foreign-invested Venture Capital Investment Enterprises and Venture Capital Investment Management Enterprises – was being translated by China Law & Practice.

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