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The VIE structure has been officially ratified by the highest levels of regulators in China. It does not circumvent Chinese law.
by dworks 9mo ago
The VIE structure has been officially ratified by the highest levels of regulators in China. It does not circumvent Chinese law.
- nonethewiser 9mo agoYou misunderstand - that doesn't make any difference. Foreigners cannot legally own internet stocks. Of course the Chinese government doesn't care if foreigners purchase internet stock proxies. It's a great deal for them.