China foreign investment restrictions
This article was originally published in The Tan Sheet
Foreign funded investment firms are required to have registered capital of $30 mil. under a new supplementary regulation issued by China's Ministry of Commerce June 7. China's A share market previously was open solely to foreign businesses with either overseas assets of at least $100 mil. or managed overseas assets of $500 mil. or more: "The move is seen as a sign the country is loosening control of its capital market," the country's official Xinhua News Agency reports June 8. The revision will take effect July 1...
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