A Chinese company intends to set up a sino-foreign co-operative joint venture enterprisewith a Singapore company in China, the two parties signed agrass contract. The following matters in the contract, which one is allowed by Chineselaw? A. Registered capital of the joint venture is $MathJax 1,000,000, of which foreign capital accountsfor 22%, and China accountsfor 78%. B. Foreign party’s investment includes anequipment which is worth of $MathJax 100,000,and would arriveat the enterprise after three months of obtaining the business license. C. Chinese party invests $MathJax 300,000 in cash which lending from bank, and the joint ventureenterprise providesguaranteewith the equipment. D. The first five years profit would be distributed as the proportion of 50% eachside.ompany doesnot have social responsibility.