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?
Ann: Equity Investment and Strategic Cooperation and Offtake MOU, page-95
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