ANNOUNCED AS TEMPORARYNo
FDI: Entry and ownership rule
In addition, Guobanfa 2011/6 defines 'foreign M&A' as when a foreign firm invests in or purchases rights to the use of assets of a Chinese firm, such that the firm becomes either a part- or wholly-foreign-invested enterprise.
On March 4th, 2011, the PRC Ministry of Commerce released Announcement 2011/8, which stipulated some of the procedural requirements for those wishing to conduct M&A activities and requiring a security review, as well as bringing the measures officially into force. Please see second source for details.
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