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China WFOE rules constraining private funds business

Toby Yiu
Foreign asset managers under the QDLP scheme may be deterred from setting up private fund businesses in China because of constraints on cross-border investing and fundraising.
China WFOE rules constraining private funds business

Foreign asset managers may decide against setting up or upgrading to an investment management wholly foreign-owned enterprise (IM WFOE) in China because of constraints on fundraising and on use of offshore electronic trading systems.

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