1) First, relax -- at least for now. Unless you're reading this from China, you probably don't have much invested in these markets. Foreigners own just 1.5% of Chinese shares, according to Capital Economics. That number is growing, but only very gradually. 2) For Chinese investors, however, it's been a very wild ride.
For the purposes of NMSDC's program, a minority group member is an individual who is a U.S. citizen with at least 25 percent Asian-Indian, Asian-Pacific, Black, Hispanic or Native American heritage. Documentation to support the claim is required.
1 Minority businesses must be at least 51% minority-owned operated and controlled. 2  For the purposes of NMSDCâs program, a minority group member is an individual who is at least 25% Asian, Black, Hispanic or Native American.3  Minority eligibility is established via a combination of screenings, interviews and site visits. Ownership, in the case of a publicly-owned business, means that at least 51% of the stock is owned by one or more minority group members. 2  Must be a profit enterprise and physically located in the U. S. or its trust territories. 3  Management and daily operations must be exercised by the minority ownership member(s).