China introduces a wide range of legal reforms; targets include investment and financial systems, state-owned enterprises, judicial selection
Article Abstract:
China has not escaped the Asian financial crisis of the 1990s entirely unscathed, but with its millions of consumers and untapped natural resources still enjoys great economic growth and investment potential in most sectors of its economy. Many proposed legal reforms of the Communist Party of China fuel this growth, including the investment, financing and housing systems, state-owned enterprises, and government institutions. Proposed reforms include administrative streamlining and working on legal enforcement mechanisms to reduce corruption and enhance efficiency.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1998
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Chinese industry opens to overseas investment: state-owned enterprises have assumed corporate forms, and M&A activity has started up
Article Abstract:
China is building a direct market in industrial properties for foreign investors, with supporting legal and financial structures, in an effort to both attract foreign investment and reform state-owned enterprises. Companies-limited-by-shares offer state, legal-person, internal, and individual shares, with the latter sometimes available to foreigners as B, H, or N shares. The classic joint venture remains awkward for many purposes, but the advent of large, privately negotiated placements is promising.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1996
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