China Law News

The SAIC has required dominant market players to license their IP, the CIRC has expanded offshore investments of insurance capital and the NDRC has allowed selected regions to independently determine power prices

This week Yum opened a high-end restaurant to revive its China sales, regulators threatened to shut down Sina's news services and Alibaba faced tax payments as its second lock-up expired

This week the government told local authorities to stop giving tax breaks and incentives, Hewlett-Packard neared a deal to sell its data networking business and Facebook worked harder for business from Chinese companies

The CSRC has removed QDII requirements for trading via the Shanghai-HK Stock Connect, the PBOC and Customs have restricted gold imports and exports and the State Council has integrated all mandatory standards

The new national property registration system aims to streamline processes and provide a unified database, but it is hampered by the lack of clarity in the implementing rules, which may make the transition difficult

This week the SAT has clarified enterprise income tax rules for overseas affiliates and industries in Western China. The Implementing Rules for the national property registration system have also been released

This week Yahoo! laid off about 300 employees as it closed its China office, experts urged legislators to draft a trade secret law, China propelled its seed industry and task forces were assembled to enforce the Environmental Protection Law

The 2015 Foreign Investment Industrial Guidance Catalogue has been released, the CBRC has made obtaining loans for M&A easier and the revised PRC Legislation Law has clarified the regulation of taxes

This week China's bank security rules worried foreign tech companies, CCTV reprimanded foreign automakers on Consumer Protection Day, Procter & Gamble's Crest was fined Rmb6 million for false advertising and an environment tax plan was set in motion