The Limited Partnership in China

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This book offers a comprehensive legal analysis of limited partnerships within China's venture capital and private equity sectors. It serves as an essential resource for practitioners seeking insights into Chinese partnership law and the operational dynamics of the partnership regime. Key features of Chinese partnership law and limited partnerships are discussed, with a focus on challenging and evolving areas through relevant legislation and recent case studies. The text also incorporates perspectives from international jurisdictions, including the UK and the US. It addresses new developments such as amendments to the PRC Partnership Enterprise Law 2007 and recent regulations concerning foreign partnerships and private equity funds. Critical aspects of Chinese limited partnerships, including management and control, partner duties and liabilities, remedies for limited partners, dissolution, liquidation, and taxation, are thoroughly explored. Through detailed comparative and empirical research, the book identifies existing legal challenges and proposes solutions for practitioners and lawmakers. The empirical issues highlighted may inform future discussions and legislative efforts regarding the limited partnership model and the broader conversation around new business structures.