China Matters: MOFCOM Issues New Rules on National Security Review
By David Livdahl, Jenny Sheng & Henry Li
Chinas Ministry of Commerce (MOFCOM) issued on August 25, 2011 the Rules on the Implementation of the National Security Review Mechanisms (the New SR Implementation Rules). The New SR Implementation Rules became effective on September 1, 2011 and replaced the Temporary Rules on Several Issues Related to the Implementation of the National Security Review Mechanisms (the Temporary Rules) which were effective from March 4, 2011 to August 31, 2011. The Temporary Rules implemented the State Councils 3 February 2011 Circular on the Establishment of Security Review Mechanisms for Mergers and Acquisitions of Domestic Enterprises by Foreign Investors () (the NSR Circular).