An Eye On China's Version Of CFIUS

Law360, New York (March 3, 2011, 3:24 PM EST) -- The State Council of the People's Republic of China has published a notice detailing its national security review (NSR) procedure for the acquisition by foreign investors of domestic Chinese companies (NSR Notice).[1] The NSR Notice, which implements Article 31 of the PRC Anti-Monopoly Law, will be applicable as of March 6, 2011.

The NSR Notice provides for review and potential rejection of acquisitions of Chinese companies by foreign investors where such acquisitions could affect national security, economic stability, social order, or research and development capabilities relating...
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