
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

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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