Running discussion on SP, page-20144

"For me, It's Huayou's intention of not missing out the Party. But they are currently busy sorting out three acquisitions and CNY3.2b capital raising for their lithium battery project.
AVZ is in discussions with many companies, would Huayou be left out"


Foreign companies doing business with Chinese companies often need to sign an MOU to keep their China deals moving along, but in doing so, it is important that they be sure not to allow what they sign to take them beyond where they want to go in terms of the deal.

When dealing with China, it is important you treat an MOU with a Chinese company just as you would a binding contract.

In other words, call your lawyer before you sign one, not after.


www.forbes.com/sites/danharris/understanding-a-chinese-memorandum-of-understanding