Foreign Direct Investment

• Supplementary Provisions on the Investment in, and Establishment of, Companies with an Investment Nature by Foreign Investors

  关于外商投资举办投资性公司的补充规定

  The Supplementary Provisions relaxes pre-requisite for foreign investment in the PRC, eligibility of investment companies being recognized as regional headquarters and foreign exchange control procedures.

  September 02, 2006

• Commercial Bribery Under Fire in China

  The PRC government increased its efforts to combat commercial bribery in China by issuing the Opinions on the Launch of Dedicated Work to Tackle Commercial Bribery. Under the new rules what practices should a company adopt when conducting business in China?

  September 02, 2006

• Opinions on Regulating the Entry of Foreign Investment into the Real Property Market and the Administration Thereof

  关于规范房地产市场外资准入和管理的意见

  The New Opinions on Foreign Investment in China Real Estate represents the PRC government's concern and determination to cool down an overheated real estate market.

  September 02, 2006

• Circular on Matters Relevant to the Entry by Foreign-invested Banks into the Market for the Provision of Overseas Financial Management Services and Custodian Services on Behalf of Customers

  关于外资银行代客境外理财业务和托管业务市场准入事项的通知

  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

• New Measures on Foreign Investment in China Real Estate

  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, 2006

• News measures to attract railway investment in China

  Faced 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, 2006

• Draft rules for oil-trade cause concern

  By 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, 2006

• Foreign HR firms can control JVs in China

  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 01, 2006

• Case Study: Minority Acquisition of a Listed State-owned Enterprise in China

  Listed 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, 2006

• New terms for renminbi business by foreign banks

  The China Banking Regulatory Commission (CBRC) has circulated a draft notice detailing the requirements for foreign banks to conduct retail business in…

  September 01, 2006