A recent circular relaxes approval authority for foreign-invested venture capital funds. It is the latest in a line of regulatory changes which may create a useful foreign exchange control niche for these enterprises. By Richard Guo, Stephanie Zhu and Flora Qian, Fangda Partners.
Huaxia Bank has formed a Rmb250 million fund management company joint venture with London-based F&C Asset Management. The Beijing-based, Shanghai-listed…
Nine Dragons Paper (Holdings) has made a fixed price all cash tender offer for all of its outstanding 7.875% Senior Notes due 2013. Over US$165 million…
Amendments to China's insurance law have been under discussion for a decade. But some changes may have been rushed through to meet the demands of a struggling economy.
China's revised insurance law clarifies many important details for insurance companies and gives more power to the regulator to deal with errant foreign institutions. By Chen Xin and Maarten Roos, Wang Jing & Co Shanghai Office.