Legal analysis: you can invest in branches. The division of parent company, subsidiary company and branch company is mainly determined according to the relationship between companies, which directly affects the determination of the person responsible for the company's creditor's rights and debts. In China's current relevant laws, there is no concept of parent company, but there are principles for branches and subsidiaries. A branch company is a branch of the head office. It has no independence in law and economy, does not have the qualification of an enterprise legal person, and is only a subsidiary of the head office.
Legal basis: Branch companies can be established in Article 14 of People's Republic of China (PRC) Company Law. The establishment of a branch company shall apply to the company registration authority for registration and obtain a business license. A branch company does not have legal person status, and its civil liability shall be borne by the company. A company may set up subsidiaries, which have legal personality and independently bear civil liabilities according to law.