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ECONOMY
Weekly Watch> WEEKLY WATCH NO. 34, 2010> ECONOMY
UPDATED: August 20, 2010 NO. 34 AUGUST 26, 2010
Foreign Investment Rules
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China's Supreme People's Court issued a set of regulations regarding foreign investment disputes relating to share transfers, anonymous investments and other procedures on August 16.

The new rules focus mainly on conflicts involving foreign limited liability companies, such as the effectiveness and legal consequences of equity transfer contracts without administrative approval, said a statement. The rules also address conditions for anonymous investment and invalid contracts.

Conflicts involving foreign investment companies accounted for about 20 percent of all foreign-related civil and commercial cases in the past two years, said the statement.

 



 
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