CHINA will introduce more than 20 supporting regulations on foreign mergers and acquisitions of domestic firms before August, a senior Chinese legislator said on Saturday.
The regulations will come out in a series before the Antitrust Law goes into effect on August 1, 2008, Cheng Siwei, vice chairman of the Standing Committee of the National People's Congress, told a forum in Beijing. The rules will help ensure that foreign M&A deals promote China's economic growth without threatening its economic security, Cheng stated.