China Market Access Improves for Foreign Shipowners

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The Circular Strengthening the Administration of the Wholly Foreign-owned Shipping Companies Examination and Approval was issued by The Ministry of Transport(“MOT”) On August 22, 2011.

The Circular relaxes the access conditions and scope of business for Wholly Foreign-owned Shipping Companies

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Published In: Business Organization Updates, International Trade Updates, Maritime Updates, Transportation Updates, Mergers & Acquisitions Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Richard Kimber | Attorney Advertising

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