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China - Provisional Measures on the Establishment of Sino-Foreign Joint Venture Trading Companies on a Pilot Basis, 1996
copy @ Lex Mercatoria
A joint venture trading company shall settle, purchase and transfer foreign exchange according to relevant provisions applicable to state-owned foreign trading companies. A joint venture trading company must maintain foreign exchange balance. Specific administrative rules for this purpose shall be formulated by the People's Bank of China in consultation with national authorities responsible for foreign trade and economic cooperation.
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