Unfinished regulations delay China M&A.

At the end of last year, it seemed like a new dawn. Eight months later, it is still midnight for foreign investors interested in M&A.
August 28, 2003

At the end of 2002, in a move that seemed to give a Christmas present to foreign investors, the Chinese government came out with legislation opening up all classes of listed and non-listed Chinese shares to foreign mergers and acquisition.

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