China to Google: You think you can buy Motorola without asking our permission? Think again – China Business
www.reuters.com — China's Commerce Ministry said it had not received an application for regulatory approval from Google Inc on its planned $12.5 billion purchase of Motorola Mobility Holdings.
Under Chinese laws, enterprises that run businesses in China and that earn annual revenues of 10 billion yuan globally and 400 million yuan in China must seek government approval for a proposed acquisition.
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