By Julian Zhu, Zhong Lun Law Firm, ShanghaiMergers and acquisitions activity involving foreign investors has been gaining much more publicity in China…
New rules for the acquisition of domestic firms by foreign investors have recently been issued, and constitute one of the most important legislative developments affecting foreign parties in China this year.
As a WTO member, China will be required to provide "national treatment"1 to foreign investors in various service industries. This includes the telecommunications sector.