Contracts in China: VIE’s Take a Hit

VIEs Take a HIt - What's in Store for Foreign Investment Now?

China’s economic growth has been compared to a locomotive charging down the tracks at top speed. But in October 2012 the Chinese Supreme Court issued a ruling that has the potential to slow the engine down. In a 16-page judgment, the court ruled that the Variable Interest Entity (VIE) – contractual agreements intended to circumvent […]