China's merger control regime

The People''s Republic of China (PRC) watched from the sidelines as many countries introduced national merger control regimes. However, it has now joined the fray and introduced merger control rules of its own says Freshfields partner.

Rules that provide for potentially sweeping merger control reporting requirements came into effect as of 12 April 2003. These rules apply to transactions that directly involve the acquisition of domestic companies by foreign investors (onshore transactions) as well as to foreign to foreign transactions (offshore transactions).

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