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To: cba123
They do not allow foreign direct investment, only foreign minority ownership (which really is not ownership at all)

While people keep saying that on the FR, I keep buying Chinese corporations and Americans keep creating companies in China that they own outright.   Incidentally, one buddy of mine was saying that starting up the company only took a few months but that the paperwork for shutting it down a few years later took the better part of a year.

10 posted on 06/20/2016 5:42:37 AM PDT by expat_panama
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To: expat_panama

The last information I had seen, was that China only allows non-Chinese, to own 49% of any company in the country.

Just saying. That is my impression anyway.

Are you ethnically Chinese?


11 posted on 06/20/2016 6:09:16 AM PDT by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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