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China - Detailed Rules for the Implementation Laws of China on Chinese-Foreign Cooperative Joint Ventures, 1995
MOFTEC
copy @ Lex Mercatoria
The general manager or other senior managers who are incompetent or found to have actions of malpractices* or serious negligence of duty may be dismissed as decided by the board of directors or the joint management committee, and those who cause losses to the cooperative joint venture shall be held responsible in accordance with relevant laws and regulations.
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