QUIZ 693

Check your Knowledge Quotient!

1. VIEs are based on contracts that say an offshore entity in the Cayman Islands or another corporate haven will control a Chinese company.

A. True

B. False

C. Both of the above

D. None of the above

2. Companies which want to invest in restricted sectors of China's economy, they have to get comfortable with the VIE structure.

A. True

B. False

C. Both of the above

D. None of the above

           

3. In China, November 11 was proclaimed "Singles' Day" because of the number of ones in the date.

           

A. True

B. False

C. Both of the above

D. None of the above

4. China had 564 million Internet users at the end of 2013 and 180 million single people.

A. True

B. False

C. Both of the above

D. None of the above

5. Chinese shoppers have spent a record $ 5.7 billion on 'Singles Day' festival created by e-tailers for loveless to console themselves with retail therapy.

A. True

B. False

C. Both of the above

D. None of the above

Best of luck!

Answers

1 – A, 2 – A, 3 – A, 4 – A, 5 – A