The parameters of foreign investment in China's energy projects are outlined by several pieces of national legislation that detail both how foreign investment should be undertaken and in what fields. What steps has China taken to bring its procurement practices to international standards?
On July 20 2002, the Shanghai municipal government issued the Encouraging the Establishment of Regional Headquarters by Foreign Multinational Corporations Tentative Provisions (the Tentative Provisions) to make itself attractive as a centre for international business, but how inviting are the provisions in the new law?
Two new sets of regulations are intended to improve the planning, construction and administration of international communications facilities in China, against the backdrop of safeguarding the interests of the state and protecting state sovereignty over communications and state security.
The China Securities Regulatory Commission (the CSRC) has promulgated new regulations that provide a long-awaited basis1 for the creation of foreign invested fund management companies in China.
Foreign-funded infrastructure projects form a critical part of China's economic development. However, ill-defined and incomplete legislation has over the years compromised the quality and boosted the costs as well as the final product prices of foreign-funded projects.
The China Securities Regulatory Commission (the CSRC, China's securities regulatory body), issued the Establishment of Securities Companies with Foreign Equity Participation Rules (the Securities JV Rules or the Rules) on June 1 2002. The Rules set out the conditions and procedures for the establishment of Chinese-foreign securities joint venture companies and they represent a limited opening up of China's securities industry to foreign investors.
IntroductionOn 29 June 2002, the PRC, Government Procurement Law (中华人民共和国政府采购法)(GPL) was promulgated, which aims at the establishment…
On June 29 2002, the new Government Procurement Law (GPL) was promulgated and it aims at the establishment of a comprehensive system of Government procurement.
How China handles compensation claims resulting from air accidents has come under new scrutiny in the wake of two recent air disasters. What are the problems with China's legislation that governs these claims?
The People's Bank of China (PBOC) issued the Relevant Questions in Implementing the Circular (the Circular) on April 22 2002. This legislation expands on the 2001 Commercial Bank Intermediary Services Tentative Provisions (the 2001 Provisions).