Dec 07, 2007
The Ministry of Information Industry (MII) announced today that from January 1, 2008 service providers from Hong Kong and Macau will be allowed to create JVs with mainland companies to provide VPN services, with no restriction on location. Ownership in the JVs however, is not allowed to exceed 50%. Approval for the JVs will be handled by local governments.
SendingThe information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.
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