Private Equity and Venture Capital

China cross-border venture capital activity and overseas listings should soon be reinvigorated by the issuance of a new circular by China's State Administration of Foreign Exchange (SAFE).

This Circular aims to discourage the withdrawal of venture capital investments, and to ensure lawful and orderly cross border capital flows.

Issued: April 13 2005Main contents: The Decisions specify the cultural sectors in which non-publicly owned capital is encouraged, permitted, restricted…

The Decisions state that the entry of non-upblicly owned capital into specified cultural sectors is encouraged and supported.

Issued: February 24 2005Main contents: The Opinions comprise seven parts: 1) loosening market access for non-publicly owned entities; 2) giving greater…

By Neil [email protected] investment in China by private equity and venture capital funds rose significantly in 2004 and there are…

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?