As one of the world’s fastest growing economies, China has been a favorite destination for foreign investment since it opened its doors to foreign investors almost three decades ago. While its growth has slowed, the Chinese economy continues to grow moderately amid the global financial crisis, and China will keep attracting foreign capital. As China continues to liberalize its financial services market and allows greater foreign participation in this sector, financial institutions from abroad will be able to expand their presence in China not only by organic growth but also through acquisitions of their Chinese counterparts. For companies interested in pursuing cross-border transactions involving the financial sector in China, the recent release of official guidelines on the
The Chinese MOFCOM issues guidelines on the computation of financial merger reporting thresholds together with two key national regulatory agencies
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