China: VIEs Alive and Well
作者/编者: | Mark Schaub, David Hong and Atticus Zhao | 作者单位: | 金杜律师事务所 |
学科分类: | 国际经济法学 | 类型分类: | 综合 |
创作年代: | 2019 | 所属机构: | 金杜律师事务所 |
出处/来源: | 金杜律师事务所 | 文献语种: | 英文 |
发布时间: | 2020-11-09 01:35:15 | ||
外部链接: | https://www.chinalawinsight.com/2019/03/articles/investment-management/china-vies-alive-and-well/# |
摘要/简介Abstract
The latest Draft Foreign Investment Law will be discussed at the upcoming plenary session of the National People’s Congress on 5 March, 2019. This new version underscores the Chinese government’s intention to further open up its markets to foreign businesses and also addresses issues raised by other countries, such as forced technology transfers. The key issues addressed in the draft law include prohibition against forcing technology transfers; providing equal treatment and market access to foreign companies (except for certain sectors specified on a negative list) but also reserving China’s right to retaliate against companies from countries which discriminate against Chinese investors. From a VIE perspective the original Draft Foreign Investment Law was colloquially dubbed by a number of hysterical commentators as “the VIE killer”. However, as its successor has dropped any reference to VIEs we believe it should be business as usual. From the standpoint of foreign investors, the key concern in a VIE structure is the enforceability of the contractual arrangements – these are core. We expect as China continues to open its market and the market becomes increasingly attractive where foreign investors facing restrictions will opt for “clever” VIE models. “Clever” will mean that the foreign investor will weigh whether it is practically feasible for a VIE; if it has found the right nominee shareholder and bespoke contractual arrangements and operational controls so risk is mitigated.
备注
本文献PDF共计8页,免费分享。
文献纠错
文章标题 | China: VIEs Alive and Well |
错误内容 | |
正确说法 | |
提交 |
-
5分
共有0人评价过此文献,平均分为0分
最相关
- ·China: VIEs Alive and Well
- ·The New “Negative List”for Foreign Investment
- ·What Will Become of Foreign Investment in China under the new Record-filing System?
- ·Farewell to the Era of Case-by-Case Foreign Investment Approvals
- ·Into A New Era: Changes and Challenges in the Legal Regime for Foreign Investment in China
- ·Foreign Investment in China CBM Industry – Restrictions Removed
- ·New era for International Funds to invest in China
- ·What a Negative List!
- ·Recognition and Enforcement of Foreign Arbitral Awards in the PRC
同作者
同机构
- ·Lift the veil of Sovereign Guarantee of Russia
- ·Decoding the New Rules for Online Food Trading
- ·Made in China? Financing Nigeria's infrastructure
- ·Copyright-related Rights in Sports
- ·Experience: A Patent Infringement Litigation in China
- ·Interregional Employment: Challenges revealed to“Social Insurance Paid Through a Third party”
- ·Suggestions on Employers’ Prudence about “Deemed as Voluntary Quit” Regulation
- ·Lessons from the GUCCI case: Chinese banks increasingly subject to U.S. jurisdicton
- ·Farewell to the Era of Case-by-Case Foreign Investment Approvals
- ·China’s International Taxation: Typical Practice