China Law & Practice attended the Second Advanced China Summit on M&A in Shanghai last week. Strategy and the climate for M&A were high on the agenda, as well as vital lessons for getting the deal done
China Law & Practice attended the Second Advanced China Summit on M&A in Shanghai last week. Strategy and the climate for M&A were high on the agenda, as well as vital lessons for getting the deal done
Guidelines for environmental impact assessments of construction projects have been released. Shanghai has issued measures over the real estate market and the State Council has produced draft amendments on the PRC Food Safety Law
The State Council will launch a database exposing IP rights violations. Nokia's deal with Microsoft has angered workers in Dongguan and details have been released of Shanghai's carbon trading market
The Third Plenum has ended with two new organisations announced. The SAIC has vowed to ease company registrations and Baidu has come under attack for online piracy
The Shanghai Stock Exchange has released revised Trading Rules and the CBRC has issued Trial Measures over the liquidity risks of commercial banks. The People's Bank also released a Circular on renminbi settlement for investment in financial institutions by foreign investors
Outbound investment into the US reached record levels, boosted in part by the closing of Shuanghui's acquisition of Smithfield. GSK's executives under investigation are likely to be charged but the company may avoid penalties
The potential of China's shale gas market has yet to be realised. Recently released Guidelines encourage foreign investment, but without further details it is hard to assess the full impact