In 2017, the Chinese government issued several regulative measures to safeguard the rapid growth of China outbound investment. Specifically, the Administrative Measures for Outbound Investment (referred to as Measures), issued by the National Development and Reform Commission, forwards provisions for outbound investment entities, supervision methods and improving outbound investment supervision systems. As a result, China-based…
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In the current evolving world, the transaction value of a merger or acquisition is no longer limited to the turnover value of the target company. Instead, as seen in Facebook’s acquisition of WhatsApp for 19 billion USD, high transactional value does not always correlate with turnover, instead, it can relate to a strong market and…
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On 28 February 2018, the Ministry of Commerce (MOFCOM) and State Administration of Industry and Commerce (SAIC) jointly announced the circular (letter of notice) on the implementation of ‘One Window, One Form’ Business Registration Filing for Foreign Invested Entities. The circular follows from the 19th People’s Congress plan to further optimise foreign direct investment environment,…
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