The German economics ministry revoked its approval of the $740M semiconductor deal, the race between Didi and Tencent-backed Ofo and Mobike was discussed, Amazon launched Prime free-shipping in China, the NPC reviewed pro-SME legislation and the State Council drafted a revised food safety law
The State Council has regulated debt-for-equity swaps, the MOF has pushed for enhancing the government's contractual performance in PPP and heavier tax obligations have been proposed for high income earners
Following a dismissal by a U.S. appeals court of a $147 million price-fixing judgment, Chinese lawyers say that the my-government-made-me-do-it antitrust defense may not work next time for PRC companies
The American telecom and semiconductor company has filed additional patent infringement cases against Chinese smartphone maker Meizu in the U.S., Germany and France
This week, officials arrested 18 employees of the Australian casino operator, a reported megamerger prompted debate over China's SOE reform and investors flagged opportunities in the nation's new debt-for-equity scheme
The CSRC has clarified that mutual mainland and Hong Kong stock investors enjoy full property rights, the NDRC and NEA have opened up electricity distribution to private investment and the CBRC has held a bank's board of directors responsible for risk management
The renminbi achieved global reserve status, GlaxoSmithKline settled China bribery charges, the PBOC pushed for more currency clearing houses and three major cities drafted restrictive ride-sharing regulations
Multinational companies are the target of focus as China beefs up regulations and reporting requirements to crack down on avoidance and close transfer pricing loopholes. 中国加强法规和申报规定来打击避税,填补转让定价漏洞,跨国公司成为重点目标。
The second draft leaves certain aspects vague, targets business information and requires national security reviews. Lawyers advise MNCs to have risk management protocols for cross-border data transfers