No more full rebate of VAT to foreign-invested enterprises.
April 16, 2009
Foreign Direct Investment
Approval for foreign investments streamlined further.
April 16, 2009Mofcom delegates the authority to approve foreign-invested companies with an investment nature with registered capital of US$100 million or less to provincial-level and sub-provincial-level local authorities.
April 16, 2009Acquisition of domestic enterprises in the encouraged or permitted category which transaction amount is less than or equal to US$100 million may be approved by local authorities.
April 16, 2009Two new sets of guidelines will further streamline the process for approval of foreign investments, but some additional restrictions have been added. By Jonathan Z Zhou, Jessica Xu and Kevin Troy, Fangda Partners.
April 16, 2009China's rejection of Coca-Cola's bid for Huiyuan Juice on anti-monopoly grounds stirred debate on protectionism, and raised unwarranted concerns about future M&A activity in the country
April 16, 2009China's rejection of Coca-Cola's bid for Huiyuan Juice on anti-monopoly grounds stirred debate on protectionism, and raised unwarranted concerns about future M&A activity in the country
April 15, 2009FIEs now enjoy same property tax rates as domestic companies.
March 17, 2009