Full text translation – 18th August 09
| BY
clpstaff &clp articlesCircular on Foreign Exchange Control Issues Relevant to Overseas Loans Extended by Enterprises in China
Circular on Foreign Exchange Control Issues Relevant to Overseas Loans Extended by Enterprises in China
关于境内企业境外放款外汇管理有关问题的通知
The Circular allows enterprises in China to directly extend loans to their wholly-owned subsidiaries and enterprises overseas. (See full translation)
See also:
First loans made under new acquisition financing rules 16 Mar 2009
Doubts remain over legality of M&A lending 21 Jan 2009
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