Shareholders that hold shares of listed companies may, through sponsorship of a sponsor, apply to the China Securities Regulatory Commission to offer exchangeable bonds.
The Ministry of Commerce delegates its power to approve the establishment of foreign-invested companies limited by shares to provincial-level departments in charge of commerce.
The Circular states that, with certain exceptions, the investment in and establishment of commercial enterprises by foreign investors shall be subject to the examination of the provincial-level departments in charge of commerce.
Lovells announced that Thomas Man has joined the Beijing office as corporate partner. Man's practice will concentrate on cross-border transactions and…
Coca-Cola's US$2.5 billion offer to buy fruit juice company Huiyuan is touted as the biggest takeover transaction by a foreign company in China. However…