I am a buyer and realise that most transactions with China suppliers are done through bank transfers, but I would like to know how to use letters of credit, as I have heard they can better protect me
January 16, 2013
Features & Analyses
During the last two years, the China Insurance Regulatory Commission has issued several new policies for insurance proceeds investment, but the distribution is unclear at this stage, leaving insurance companies seeking guidance
January 16, 2013The amended Lawyers Law better protects the rights of lawyers and defendants by expanding what constitutes confidential information and brings the law in line with the Criminal Procedure Law
December 19, 2012Many foreign-invested companies have delayed establishing trade unions, but as the government pushes harder on this issue, unionisation and collective bargaining will become unavoidable
December 19, 2012An Interpretation from the CSRC uses for the first time a doctrine of guilty before innocent for insider trading cases. But with few cases before the courts, it is not clear how effective the Interpretation will be
November 13, 2012The VAT Programme has expanded rapidly since it started in Shanghai this year. For the first time, it allows companies to offset taxes when using external service providers. Lawrence Hu considers how tax reform affects companies
November 13, 2012Foreign investors in China face the challenge of dealing with corruption in an unfamiliar business culture. The penalties set out in UK, US and Chinese law are strict, but a comparison of bribery legislation shows what steps can be taken to mitigate risks
November 13, 2012Foreign investors always want to know how they can get their money out of China, but with foreign exchange policies constantly changing, how should they navigate the complex regulations in place?
November 13, 2012China's first tier cities are all competing to attract multinationals to set up regional headquarters. Shanghai is leading the race, but how do the policies for each city compare and what incentives are actually on offer?
November 13, 2012I am thinking of setting up an R&D facility in China. I have read many horror stories about employees leaving with trade secrets. How should I structure my employment contracts to minimise risk?
November 13, 2012