martindale.com
Legal Library
|
NDRC Reply on RMB Fund with FIE GP by Alan Du
King & Wood - Shanghai Office
Hu Xia King
King & Wood - Shanghai Office
Zhang Yi
King & Wood - Shanghai Office
|
|
August 10, 2012
Previously published by China Law Insight on July 2012
In the April, 2012, it was reported by various media sources that the National Development Reform Commission (NDRC) had issued certain policies requiring that an RMB fund (the “FIE GP Fund”) with a foreign invested enterprise (FIE) acting as the general partner (the “FIE GP“) and domestic investors (exclusive of FIEs established in China) acting as limited partners be regarded as a foreign investor. Being defined as a foreign investor means that the portfolio investments of such a FIE GP Fund shall be subject to foreign investment approvals, which are read by the public as referring to approvals from the Ministry of Commerce or its local counterparts(MOFCOM).
|
The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
| | View More Library Documents By... | | | |
| | | | King & Wood Overview |
Practice Area Resource Centers
|
|