Reforming China's state-owned enterprises is crucial to any economic reform efforts. A preliminary step has been made to introduce foreign investment into the public sector, and comes amid a more broadly based legislative effort to revamp China's economy.
For the first time, clear rules have been spelled out as to how a takeover of listed Chinese companies can be done.
For the first time, clear rules have been spelled out as to how a takeover of listed Chinese companies can be done.
A number of different strategies are now possible for foreign investors in acquiring stakes in a domestic entity in China. It is easiest to examine some of the more common choices if we present a hypothetical case study.
An article about the changing nature of legal work in China, which profiles some of the leading domestic and international firms that are shaping the legal scene.
Fangda PartnersThe PRC Ministry of Finance (MOF) issued an opinion on December 28 2001 (关于改革国有资产评估行政管理方式加强资产评估监督管理工作的意见,…
Workers' trade unions in the selling enterprise may have the right to be consulted prior to the transaction.
Fangda PartnersOn December 10 2001, the China Securities Regulatory Commission (CSRC) issued a Notice on Certain Issues Concerning the Acquisitions, Sales…
The merged identity, total investment amount, registered capital, equity purchase etc. of the newly allowed merger between foreign-invested and domestic enterprises.
As a WTO member, China will be required to provide "national treatment"1 to foreign investors in various service industries. This includes the telecommunications sector.