CO129-557-9 British protection of companies in China 26-3-1936 - 27-2-1937 — Page 46

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

46

и

General Yang of the general staff, in reply to

an inquiry by the Military Attaché to the

Embassy at Peking, was unable to answer the

specific question whether a certificate of

denationalisation would be refused to a

British subject of Chinese race on the ground

that he was under 25 years of age, and

therefore liable to military service.

3 The Profiral

Sir John Brenan feels that the

deally with Buchah companhe

China local company legislation needs drastic

revision. At present foreign companies

such as Centrosojus Limited, and other

Soviet Government trading institutions

Bata

incorporated in London the (Czech) B

Shoe Company, incorporated in Singapore,

and many purely Chinese businesses incor-

porated in Singapore and Hong Kong,

operate in China under British extra-

territorial jurisdiction. Many are even

in competition with British trade.

The previous difficulty in

dealing with such companies has been

the definition of what constitutes a

bona fide British company or a

"substantial British interest".

Sir John Brenan proposes that the

French regulations in this matter

should be followed. These provide that

companies can only enjoy extraterritorial

rights if they comply with certain

conditions, the principal of which are

as follow:-

"The President of the Board

of Directors, the Managing Directors,

the Auditors, at least two thirds

of

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.