In the news: MOFCOM relaxes FIE requirements, US commission tackles Alibaba's VIE issues and Best Buy makes plans for China

June 27, 2014 | BY

clpstaff &clp articles

This week MOFCOM simplified FIE capital requirements, the US-China Economic and Security Commission published a paper on VIEs and Best Buy considered sale or partnership options

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MOFCOM eases FIE capital requirements

MOFCOM published an internal notice on June 24 that simplifies the capital registration system for foreign-invested enterprises (FIEs) in China. Though the amended PRC Company Law on March