The shares of a joint-equity life insurance company directly or indirectly held by a foreign insurance company shall not exceed the limit of proportion as stipulated in the preceding paragraph.

外国保险公司直接或者间接持有的合资寿险公司股份，不得超过前款规定的比例限制。

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Taxpayer: it looks like beneficial that we move towards the formal equity joint venture.

纳税人：看起来朝着组建正规的股份公司比较有利。

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Whenever necessary, an equity joint venture may set up affiliated agencies outside China.

合营企业需要时可在中国境外设立分支机构。

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Nufarm itself only barely avoided being acquired in 2007 in a joint bid by an American private-equity firm and a Chinese state-owned company.

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Bank recently launched private equity fund with British-Norwegian joint venture to invest in small and midsize companies.

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On Wednesday, Allied announced that it had received a preliminary joint offer from the two American companies, in conjunction with two private-equity groups, but said it was too early to tell whether this would develop into a full offer.

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