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China WFOE rules constraining private funds business

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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