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Chinese business groups are raising capital globally using companies that do not own their mainland operation units outright, usually incorporated in other countries such as
Chinese business groups are raising capital globally using companies that do not own their mainland operation units outright, usually incorporated in other countries such as the Cayman Island, British Virgin Islands, or Bermuda. The market value of Chinese companies with primary listings on just these three locations is more than $3.7 trillion. How have these entities affected the U.S. securities regulators?
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