On January 19 2015, China's Ministry of Commerce (MOFCOM) released for public comment a draft PRC Foreign Investment Law (中华人民共和国外国投资法 （草案征求意见稿）) (FIL), along with accompanying Explanatory Notes (Notes).
The draft FIL represents a paradigm
What the foreign investment overhaul means for investors
How MOFCOM deals with existing VIEs and interprets control, and the sectors that will be put on the negative list, will determine the consequences and prospects for both present and future foreign investors
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