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Setting Up A Subsidiary in the US – A Guide for Chinese Investors
In the global business landscape, many Chinese companies seek to establish a presence in the U.S. market. The available strategies include forming joint ventures, establishing branch offices, creating subsidiaries, or acquiring existing entities.
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2022-23 Data Analysis on China Life Sciences Licensing Key Terms
In recent years, license-in/out transactions have become the most common way for innovative drugs and medical devices (including medical aesthetics) companies to collaboratively develop and commercialize medical products and related technologies. According to public information, in China, the total amount and number of investment and financing in life sciences sector have witnessed a significant decline from 2021 to 2023, with the investment amount being only a quarter of that in 2021. However, the upfront payment for business development (BD) transactions in life sciences sector has reached 5.045 billion US dollars in 2023, with a potential payment totaling up to 54.89 billion US dollars[2]. The scale of license-out transactions has been continuously expanding.
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CIBM Bond Repo to be Further Opened to Overseas Investors
On 24 January 2024, to deepen the opening-up of the bond market and further facilitate the liquidity management of overseas institutional investors, the People's Bank of China ("PBOC") and the State Administration of Foreign Exchange published the Announcement on Further Supporting Overseas Institutional Investors Engaging in Bond Repurchase Business in the China Interbank Bond Market (draft for comments) (the "Announcement") (《关于进一步支持境外机构投资者开展银行间债券市场债券回购业务的公告(征求意见稿)》) to solicit public opinion. On the basis of the opening-up of cash bond trading to overseas institutional investors, the Announcement aims to further open up the onshore bond repo business in the China Interbank Bond Market ("CIBM") to overseas institutional investors to meet their liquidity management needs.
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Han Kun
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