Poor enforcement hampers FIE reform

• Autores: Brian Yap
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 34, Nº. 50 (12/28/2015), 2015
• Idioma: inglés
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• Resumen

  • The article discusses new rules issued by the Ministry of Commerce that removed minimum registered capital previously imposed on foreign investment enterprises (FIEs). Betty Tam, partner at Mayer Brown JSM in Shanghai, states that there have been various circulars issued by the State Council and the State Administration for Industry and Commerce (SAIC) on the same topic since 2014