News, Events & Publications
FORTUNE 500
Go-To Firm
Squire Sanders selected as a go-to law firm for 2010 by in-house law departments at Fortune 500 companies.
|
The China Business Review; Foreign Investment Verification: Reform, Status Quo, or Bafflement?
Recent measures that govern foreign investment project verifications are causing tremendous uncertainty
November 2005
In July 2004, the PRC State Council issued its Decision Regarding Reform of the Investment System, which appeared to mandate the National Development and Reform Commission (NDRC) to issue regulations that would promote more efficient investment in capital- or resource-intensive, or infrastructure-related, projects. But when NDRC unveiled the follow-up Provisional Measures for Verifying Foreign Investment Projects in October 2004, no one applauded. In fact, many commentators are still scratching their heads, puzzled about how to interpret the provisional measures and their place in the phalanx of existing regulations governing foreign investment in China.
|
Also See...
Locations
Professionals
|