Coming Soon

Get in Touch !

Our senior professionals will get back to you within 24 hours.

  • * First Name

    Please provide a valid first name

  • * Last name

    Please provide a valid last name

  • * Email

    Please provide a valid email address

  • * Company name

    Please provide a valid company name

  • * Phone number

    Please provide a valid phone number

  • Country/Region

    Please provide a valid country/region

  • Message

    Please provide a valid message

Submit Cancel

You haven't submitted any information yet

Please complete all required fields

Drew Bernstein, Co-chair, MBP, is heavily quoted on the concept of VIEs and how they affect the nature of venture funding in China.

In the News | Jul 22, 2021

Excerpt:

“What’s interesting about VIEs is they bring a lot of capital into the country, but they are in direct contrast to Chinese law,” said Drew Bernstein, co-chairman of Marcum BP, an Asian-focused audit and advisory firm with offices in China and throughout Asia.

That should come as no surprise, Bernstein said.

“Having more regulations is a good thing — it promotes standards and lets people know what is going on,” Bernstein said. “Also, with (Chinese) companies being larger and more complex … you have to expect regulators will react.”

Bernstein agrees it is unlikely venture money will stop flowing, as there is just too much venture capital out there in general, and many of these companies have an “aura of being too big to fail.” However, it could be wise for investors to add a level of scrutiny to the companies they are investing in just as the Chinese government is doing.

“I hope it changes how (investors) operate somewhat,” Bernstein said. “They better do their homework.”

Click here to read full article as PDF >>

Get latest news directly in your inbox, stay up to date

Subscribe to our news

Please provide a valid email address

Next

Just One Minute!

Please provide your contact details.

  • First name

    Please provide a valid first name

  • Last Name

    Please provide a valid last name

  • Bussiness Email address

    Please provide a valid email address

  • Company name

    Please provide a valid company name

All insights
Only Events
Only Blogs
Only News
Only White Papers & Reports
Submit Cancel

Cookie Preference Center

Manage Cookie Preferences

You can choose which types of cookies you allow. Your choices can be changed at any time through our Cookie Preferences settings.

  • Strictly Necessary Cookies

    These cookies are necessary for the website to function properly and cannot be switched off through our preference center. They may be used for website security, navigation, forms, session management, and other essential functions.

  • Functional Cookies

    These cookies allow the website to remember choices you make, such as language or other preferences, and provide enhanced functionality.

  • Analytics & Performance Cookies

    These cookies help us understand how visitors interact with our website, including which pages are visited and how visitors navigate the site. We use this information to measure and improve website performance and user experience.