Yes. Uncle's law firm had an office in Shanghai for a couple decades. When it became impossible to get documents across town they decided to have offices on opposite sides of the city. Through a very public, celebrated and exemplary course of cooperation and coordination over a few years, the firm was chosen to be the initial business in an area the Chinese were pushing as their showcase rennovation of an older part of the city, as well as the anchor in the new financial business area. Deals were brokered for use of local architectural firms, construction, materials, outfitting, electronics and even local employment.
After four years the simultaneous ribbon cutting ceremonies were at hand, hosted by Ministers of Commerce, Trade, ad nauseum. As the CEO of the firm was glad handing the dignitaries, one asked which of the buildings they would occupy. Not quite understanding the query he said they eagerly awaited immediately seeing to their clients needs come the start of the business week. The interpreter then relayed the news that it would be quite impossible as Foreign law firms were only permitted to open one new office every 18 months - a local law enacted only three months prior, by those with full knowledge of the firms' efforts and whom had been intimately involved in the projects. One of the buildings sat idle for the year and a half.

He told me this anecdote in response to me asking him a few years back what he thought of FedEx opening a domicile/hub in China. His assessment of the LOA was comical.