China Law News

• Legislation roundup: Consumer protection, reinsurance and Guangdong projects

  The SAIC has enhanced consumer rights to compensation, the CIRC has required reinsurance businesses to register and Guangdong has issued a negative list for domestic investment projects

  March 13, 2015

• In the news: China cracks down on foreign non-profits, SOEs face stricter lending and the HK-Shenzhen Stock connect launches in late 2015

  This week foreign non-profit groups in China faced increased pressure, foreign banks tightened lending to state-owned enterprises and Hong Kong's trading linkup with Shenzhen was confirmed for later this year

  March 10, 2015

• Legislation roundup: Government procurement, foreign exchange and insurance asset management

  The State Council has enhanced disclosure for government procurement projects, SAFE has relaxed FX control for FDI and the CIRC has required insurance asset management businesses to assign risk

  March 05, 2015

• In the news: The ACFTU warns of foreign hostility, the Legislation Law is set for revision and the SPC interprets IP and competition

  This week the ACFTU vice-chairman warned of foreign forces in China's labour movement, the NPC considered a draft amendment to the PRC Legislation Law and the SPC published a judicial interpretation on act preservation measures in IP and competition issues

  March 03, 2015

• Legislation roundup: M&A filing and enterprise income tax

  MOFCOM has clarified case name requirements for anti-monopoly filings and SAT has imposed tax on indirect transfers of Chinese property by non-tax-resident enterprises

  February 25, 2015

• In the news: Authorities cracked down on internet piracy, the first administrative monopoly case was won and Naibu's Chinese bosses became unreachable

  This week the fight against internet copyright piracy was discussed, Guangdong saw the first successful case against administrative monopoly and an AIM-listed Chinese shoemaker's bosses went off the radar

  February 24, 2015

• In the news: ZTE and Huawei demand patent royalties, Didi Dache and Kuaidi Dache announce merger and investment banks are left out of outbound M&A deals

  This week the Qualcomm case spurred ZTE and Huawei to collect patent royalties from smaller players, China's leading taxi-hailing apps planned to merge and the diminishing role of investment banks in large outbound acquisitions was analysed

  February 17, 2015

• Legislation roundup: Cross-border fund flows, e-commerce and commercial banks

  Offshore financing has been eased and e-commerce has been further opened to foreign investment in the Shanghai FTZ. The CBRC has also aligned the leverage ratio of commercial banks with Basel III standards

  February 13, 2015

• In the news: Qualcomm gets fined US$975 million, China bans fake online accounts and the SEC settles with the Big Four

  This week the NDRC fined Qualcomm for AML violations, fake online accounts were banned, the SEC and Big Four reached a settlement over audits and the carbon trading market's lack of clarity was discussed

  February 10, 2015

• Legislation roundup: Civil Procedure Law, enterprise income tax and FX insurance

  The SPC has issued a judicial interpretation of the Civil Procedure Law, the thresholds for special tax treatment for acquisitions have been lowered and the CIRC has relaxed foreign exchange insurance market rules

  February 06, 2015