When the Ministry of Commerce (MOFCOM) issued the Provisions for the Implementation of the System for Security Review of Acquisition of Domestic Enterprises by Foreign Investors (实施外国投资者并购境内企业安全审查制度的规定) in August last year, it caused much discussion among the venture capital and private equity communities. Many believe the
How to invest in prohibited or restricted industries
While China's economic reforms have taken the world by storm, many industries remain heavily restricted. Foreign investors do not have much time left to move into these markets through the popular variable interest entity (VIE) structure
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