Exploring Corporate Governance Around the World

By Allison Garrett, Senior Vice President for Academic Affairs at Oklahoma Christian University

Tuesday, April 18, 2006

OECD Issues Report on Foreign Investment in China

Earlier today, the OECD announced that it has issued a report on foreign investment in China. According to the OECD, China needs to take several steps to eliminate artificial barriers to foreign investment. These steps include opening up the M&A process to foreign investment and speeding up approvals for investment. The report notes particularly the lack of transparency in China. This lack of transparency hampers those attempting to conduct due diligence on a potential acquisition target. Further, a relaxation on foreign ownership restrictions could encourage additional foreign investment in China.

For more information on happenings in China, go to the China Law Blog.

1 comment:

China Law Blog said...

You are the master at being the first to come up with these great reports on China. I will definitely be blogging on this. Thanks.