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Ann: Appendix 4C - quarterly, page-4

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  1. 448 Posts.
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    Furthermore, China's Foreign Investment Law will be changed soon.
    Dividend could be on sight.

    The below was posted in XPD thread.

    -----------------------

    New Foreign Investment Law of the People's Republic of China :

    China releases details of new law on foreign investment ahead of trade talks with US
    "Other changes include foreign-invested firms being able to raise funds by issuing stocks and bonds, and they will have the freedom to send income overseas in either yuan or foreign currencies."

    Draft Copy :
    English translation of the Draft Foreign Investment Law

    US-China Business Council - Law
    Article 114 :
    "... the State will allow free inbound or outbound transfer of legal property of foreign investors such as capital contributions, profits, incomes from asset disposal, ..."







 
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