@ywchen1
Yawen Chen
6 months ago
The latest crackdown on private education services explicitly calls out VIEs - a rare high-level acknowledgement that they are used as loopholes. Separately, China's central bank has asked payment firms to report on their VIE arrangements if they are seeking a listing
@Breakingviews
ReutersBreakingviews
6 months ago
China’s tutoring rules create tough VIE homework, write @mak_robyn @ywchen1 :
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