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14Dec

China Forex Liberalization Unlocks Massive M&A Opportunities for Foreign Invested Enterprises

On October 23rd, 2019, the State Administration of Foreign Exchange (“SAFE”) issued a Circular on Further Promoting the Facilitation of Cross-border Trade and Investment (Hui Fa [2019] No.28) ("Circular 28"). The Circular 28 sets out 12 reform...
By: Dorsey & Whitney LLP
Source Url: https://www.jdsupra.com/legalnews/china-forex-liberalization-unlocks-81278/

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