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New Rules Pave the Way for Foreign-invested RMB PE Funds
Authors:Liang Tao
Abstract:On March 1, 2010, the long-a waited Administrative Measures on Establishment of Partnership Enterprises by Foreign Enterprises or Individuals (here-inafter referred to as "Foreign-invested Partnership Measures") will come into effect. The Foreign-invested Partnership Measures was promulgated by the State Council of China on November 25,2009 and opened a new era of foreign investment legal framework in China.Once the Foreign-invested Partnership Measures become effective, the foreign investors will be entitled to conduct investment through the business form of partnership which could only be used by domestic investors in the past in China.
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