Is it D-Day for China’s variable-interest entity?

New regulations due to go through China’s National People’s Congress tomorrow could finally give some certainty to China’s infamous VIE structures
Is it D-Day for China’s variable-interest entity?

China is set to put into law at the National People’s Congress tomorrow regulations that will assure the continued survival of one of its most fragile legal workarounds – the variable interest entity (VIE) - which underpins a tech industry worth $1 trillion.

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