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Gordon G. Chang /
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2024-09-07 13:15:19

Gordon G. Chang on Nostr: There are #China court rulings that suggest “variable interest entity” structures ...

There are #China court rulings that suggest “variable interest entity” structures are illegal. These rulings are almost certainly correct as a matter of #Chinese law. Investors in companies such as #Alibaba essentially have no rights they can enforce.
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