Under the guidelines, any company that is subject to the jurisdiction of China’s government, or is controlled by the government — including if it is at least 25% owned by a Chinese government authority — would be considered an FEOC. The restrictions would also apply to all production inside of China. However, foreign subsidiaries of privately owned Chinese companies in non-FEOC countries, like Australia or Indonesia, would be allowed so long as they are not controlled by the Chinese government.
Does this company have any connection to the Chinese government?
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Ann: Equity Investment and Strategic Cooperation and Offtake MOU, page-95
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