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 articlesThis 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
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