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China's New Foreign Investment Law: Implications for the Future of FIEs
June 15, 2019 | BY
Susan MokBaker McKenzie and FenXun Partners discuss the impact of the new Foreign Investment Law on the repeal of FIE laws on existing FIEs, as well as the implications of other important provisions for foreign investors and FIEs in future.
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The recently promulgated PRC Foreign Investment Law (FIL) (中华人民共和国外商投资法), which takes effect in 2020, represents a major development in the legal regime governing foreign investment in China. It repeals the existing laws covering foreign-invested enterprises (FIEs) in China and sets out important principles that will govern foreign investment in the years to come.