This Circular provides implementing procedures to the earlier issued Tentative Measures for the Administration of Overseas Financial Management Services Offered by Commercial Banks on Behalf of Customers.
September 02, 2006
Corporate Governance
Prohibits direct offshore ownership structure, guaranteed fixed returns for foreign-invested real estate enterprise, and heightens scrutiny in the area of equity interests transfer and merger & acquisition in real estate-related industry.
September 02, 2006Zhou Shengxian, the director of China's State Environmental Protection Administration (SEPA), says that fraud in assessing pollution control is prevalent…
September 01, 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 01, 2006By the end of 2006, pursuant to its agreement with the World Trade Organization, China will allow foreign companies into the business of distributing petrol…
September 01, 2006After about three weeks of not taking initial public offering (IPO) proposals, the official Xinhua news agency reports that the China Securities Regulatory…
September 01, 2006Foreign 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 01, 2006Listed state-owned enterprises (SOEs) present strategic foreign investors with attractive investment opportunities, as they seem to have a pricing advantage and better corporate governance compared with domestic private companies. However, what challenges are involved in acquiring a minority stake in a listed SOE?
September 01, 2006The China Banking Regulatory Commission (CBRC) has circulated a draft notice detailing the requirements for foreign banks to conduct retail business in…
September 01, 2006The China Securities Regulatory Commission (CSRC) has issued new regulations that will require China's securities companies to keep their capital provisions,…
September 01, 2006