China Law News

This week the State Council has tried to boost spending on IT, the Shenzhen Stock Exchange has lowered minimum trading shares and CSRC has relaxed rules for fund management companies

Johnson & Johnson is found guilty of vertical monopoly, CSRC head promises to increase penalties for fraud and the EU and China have come to an agreement over the price of solar panels

The CIRC has produced a circular that increases its regulation of the external credit rating agencies that rate bond investments of insurance proceeds

The Securities Association of China has produced a circular on asset management businesses while provisions have been released covering work safety at food factories and protection of personal information online

Media coverage of the GSK investigation has highlighted the need for companies to have strong internal audit capabilities, but deciding which transactions to track and how much background screening to do is not easy

Media coverage of the GSK investigation has highlighted the need for companies to have strong internal audit capabilities, but deciding which transactions to track and how much background screening to do is not easy

The second draft of the Environmental Protection Law is under review, with 12 new articles, including daily fines for enterprises. SAFE has removed approval requirements for service trade payments and the State Council has abolished or delegated 50 approval items

As 85 Chinese corporations make the Fortune Global 500 list, many are wondering how much power state-owned enterprises actually have. The government has stepped up its corruption crackdown and AstraZeneca has visited by the authorities amid the GSK bribery investigations

A series of high-profile investigations from the NDRC has led companies to worry about pricing. Early action when an investigation starts is crucial, as is awareness of how China's Anti-monopoly law works