Policy encouraging foreign exchange from exports removed.
September 02, 2007
Banking and Finance Laws
Private equity experts say that despite several high-profile deals falling through, the market for such deals in China remains attractive. In a report…
September 02, 2007Overseas securities investment available for fund management companies and securities companies.
September 02, 2007By Hubert Tse and Sandra [email protected]; [email protected] Chinese stock market continues to outperform all the equity markets around…
September 02, 2007PBOC launches swaps between renminbi and foreign currencies.
September 02, 2007By James Weng and Tomy [email protected]; [email protected] Partnership Enterprise Law of the People's Republic of China (Partnership…
September 02, 2007Individual income tax on savings interest significantly reduced.
September 02, 2007This law regulates investments in overseas securities by qualified domestic institutional investors and to protect the interests of investors. Parts Two and Three set out the requirements for being a qualified domestic institutional investor (QDII), and an oversea investment consultant. Part Four deals with the custody of assets, power and duties of a custodian, and the appointment of an overseas asset custodian. Part Five is concerned with the duties and transparency of the QDII. Part Six sets out the limit of fund management.
September 02, 2007These Tentative Measures strengthen the administration of overseas investment of insurance capital, and to protect the interests of involved parties, whilst at the same time further relaxing overseas investment of insurance capital.
September 02, 2007Recent legislation has filled the gaps in the PRC's qualified domestic institutional investor (QDII) regulations. Changes affect China's balance of payments and international relations.
September 02, 2007