A More Sophisticated Game: 2008 M&A Market in China

Adam Li
Jun He Law Offices

2007 witnessed the dramatic change of China's legislation and regulations landscape concerning the acquisition of businesses in China by foreign investors. Even more dramatic are the practices of the new legislation and regulations. Acquisitions are becoming more complicated. Because these M&A exercises have become so complicated, only a handful of lawyers with multi-discipline knowledge, deep insights and well-crafted skills are able to successfully lead M&A efforts. A good M&A lawyer should be able to walk the client through the deal, anticipating all the usual practical impediments and overcoming them at a reasonable cost.

In the post-2007 era, foreign acquirers trying to acquire a target must take into consideration the following laws and regulations that just took effect:

1. The Provisions on Acquisitions of Chinese Enterprises by Foreign Investors (the M&A Rules);