Thinking About China
Opinion

Variable Interest Entities: China’s Trillion-Dollar Shell Game

Google LogoMark Us Preferred on Google
Variable Interest Entities: China’s Trillion-Dollar Shell Game
Chinese investors sit in front of a screen showing stock market movements at a securities firm in Hangzhou, China, on May 31, 2016. STR/AFP/Getty Images
Antonio Graceffo
|Updated:
News Analysis
U.S. investors have trillions of dollars invested in Chinese variable interest entities (VIE) without knowing it. These are illegal contracts under Chinese law and could be shut down by Chinese regulators at any time.
Google LogoMark Us Preferred on Google
Antonio Graceffo
Antonio Graceffo
Author
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.
Related Topics