China's Ministry of Commerce has issued two circulars which delegate power and loosen its grip on approving foreign investment into the PRC. Investors in private equity and retail are the biggest benefactors.
Bank of China has acquired a 20% stake in La Compagnie Financière Edmond de Rothschild, a provider of private banking, asset management and advisory services…
After 12 months of innovative and pioneering work and four months of research, interviewing and profiling, the 2008 China Law & Practice awards were presented in Beijing on September 18. The winning deals and firms were recognised for their impact on China's legal community.
Private equity firm Olympus Capital has invested US$100 million in Zhongwang International Group. Olympus Capital will appoint one director to the board…