Under the revisedMeasures for the Administration of the Takeover of Listed Companies(上市公司收购管理办法), which becomes effective on September…
September 02, 2006
Corporate Governance
Foreign human resources firms such as Manpower are now allowed to control joint venture firms (JVs) with stakes of up to 70% if they agree to register…
September 02, 2006New rules currently under review by the State Council on large-scale shopping outlets could impede expansion plans by foreign retailers such as Wal-Mart…
September 02, 2006Promulgated: June 5 2006Effective: July 1 2006Interpreting authority: Shanghai Stock ExchangeApplicability: The term "internal controls" refers to the…
September 02, 2006The China Banking Regulatory Commission (CBRC) has circulated a draft notice detailing the requirements for foreign banks to conduct retail business in…
September 02, 2006Faced with a funding gap of Rmb250 billion (US$31 billion), China plans to introduce new legislation to allow foreign and domestic investors to invest…
September 02, 2006Promulgated: July 12 2006Effective: September 1 2006Interpreting authority: China Insurance Regulatory Commission (CIRC)Applicability: The term "branches…
September 02, 2006Issued: May 30 2006Main contents: For re-import in the form of general trade of exported products whose country of origin is China, all local departments…
September 02, 2006The National People's Congress Standing Committee passed the PRC Enterprise Bankruptcy Law(中华人民共和国企业破产法), after 12 years of drafting…
September 02, 2006The China Securities Regulatory Commission (CSRC) has issued new regulations that will require China's securities companies to keep their capital provisions,…
September 02, 2006