Glad to share this Daxue talk on foreign investment in China.
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Even if merging with a Chinese company, it is still forbidden for WOFEs (wholly foreign-owned enterprises) to invest in certain sectors, although the number of forbidden sectors is decreasing substantially every year.
If you want to set up a joint-venture company in Сhina, the company must be Chinese owned but can have foreign investors.
Capital gains tax is generally 20% in China.
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