Private Equity and Venture Capital

Creating a viable legal framework for the use and protection of security interests has been an ongoing process in China. This month we are pleased to have an overview of some of the key aspects of security law development in the PRC.

Rules on foreign-invested venture capital enterprises were promulgated in 2001, but fell considerably short of expectations. New rules in this important area have recently been issued. Have they overcome the limitations of the prior rules?