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Can Chinese citizens own and hold Delaware corporation stock under Chinese and US law?
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Re: Can Chinese citizens own Delaware corporation stock?
There generally is no restriction by other country.
In fact Chinese individuals and firms often purchase real estate through such entities as well.
Is there any particular reason you ask? -
Re: Can Chinese citizens own Delaware corporation stock?
As long as ownership is not prohibited by foreign entities under government regulation.Due to a recent promotion, I should now be referred to as Major Obvious.
I would not be trying to provide information and knowledge if I did not sympathize.
Some days it is just not worth chewing through the restraints to face life.Comment
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Re: Can Chinese citizens own Delaware corporation stock?
Don't you read the papers?Originally posted by Tron
In the following article alone, Chinese investments in the US total almost $20 Billion, and that's probably just the tip of the iceberg.
Where's The Money: Chinese Investments in U.S. - ABC News
The answer to your question is yes.Comment
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Re: Can Chinese citizens own Delaware corporation stock?
The questioner may have been focused on the difference if any between individuals and companies.
The large investments in the news are usually done by Chinese companies but this person seemed to be interested to know if individuals can also buy or hold shares of the DE corp.
The answer still being yes as to both.Comment
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Re: Can Chinese citizens own Delaware corporation stock?
Even individuals in China can buy abroad but there are certain restrictions on converting currency.
And that sometimes puts ordinary citizens at a disadvantage. FYIComment
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