China to permit foreign purchase of small/medium-sized enterprises in China

China is working out regulations to allow foreign investors to buy small and medium-sized Chinese enterprises, revealed by Xu Ming, vice director of the Department of Foreign Economic Coordination from the State Economic and Trade Commission (SETC) at an ongoing forum in Xiamen. The new regulations will give foreign investors access to holding shares of, control or even buy out Chinese small and medium-sized enterprises, except for those in certain industries.

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