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| Tekijä: | Zhang, Shiming |
| Otsikko: | On foreign capital in China and supervision and management of China's merger market through legislation (original in Chinese) |
| Lehti: | Theory and Practice of Finance and Economics (c)
1996 : 5, p.44-46 |
| Asiasana: | FOREIGN INVESTMENT MERGERS LAW CHINA CONGLOMERATE MERGERS |
| Kieli: | chi |
| Tiivistelmä: | In view of the existing problems in the merger market in China, we can explore the issue of supervision and management through legislation from the following: 1. The subject of merger. The foreign businessmen are allowed to join the domestic investment in share if possible. 2. The principle of merger On one hand, competition is encouraged, on the other hand, monopoly is prevented and anti-monopoly procedure established. 3. The conditions of merger. A legal limit for the merging side should be prescribed as to its strength in funds, reputation in business, the qualification of managerial personnel, the scope and standards of merger as well as rules for assets appraisal in the course of merger. Besides, the corresponding restriction should be imposed as to the industries invested by foreign businessmen. |
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