Recruitment firms that wish to enter the China market will now find it easier to go direct, thanks to changes in the rules associated with JV’s in the region. It’s now possible to have a 70% holding in a local business…
Foreign talent agencies can now own up to 70% of a joint venture registered in the Chinese capital, up from 49%, Chen Bei, a spokeswoman for the city’s Human Resources and Social Security Bureau, said on Tuesday.
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