Foreign Direct Investment

• Ministry of Justice, Circular on Expanding the Geographical Scope of Partnership Associations Between Mainland Law Firms and Law Firms of the Hong Kong and Macao Special Administrative Regions

  司法部关于扩大内地律师事务所与港澳律师事务所合伙联营地域范围的通知

  Hong Kong and Macao law firms are allowed cooperation throughout China

  February 13, 2019

• China Issues Market-Entry Negative List And Publishes Draft Foreign Investment Law

  China's newly published Draft Foreign Investment Law has garnered attention. The Draft proposes further protection of foreign investment in China as well as a more streamlined market access system. Jeanette Chan and Betty Yap, partners, Hans-Günther Herrmann, counsel and Rui Bu, China associate of Paul, Weiss, Rifkind, Wharton & Garrison LLP discuss the potential impact of the newly minted draft law.

  January 31, 2019

  

• Announcement on Several Issues Concerning the Implementation of Tax Agreements

  关于税收协定执行若干问题的公告

  Foreign partners may enjoy tax agreement benefits

  January 18, 2019

• PRC Foreign Investment Law (Draft)

  中华人民共和国外商投资法 (草案)

   Issued: December 26, 2018 Applicability: This Law shall govern foreign investment in China. For the purposes of this…

  January 09, 2019

• Announcement on Issues Relevant to Expanding the Scope of Application of the Policy of Provisional Deferral of Withholding Income Tax on Direct Investments Made by Foreign Investors Using Distributed Profits

  关于扩大境外投资者以分配利润直接投资暂不征收预提所得税政策适用范围有关问题的公告

  New tax deferral policy clarified

  January 02, 2019

• General Office of the National Development and Reform Commission, General Office of the People's Bank of China, General Office of the Ministry of Finance, General Office of the China Banking and Insurance Regulatory Commission and General Office of the China Securities Regulatory Commission, Circular on Encouraging Relevant Institutions to Participate in Market-oriented Debt-for-equity Swaps

  国家发展和改革委员会办公厅、中国人民银行办公厅、财政部办公厅、中国银行保险监督管理委员会办公厅、中国证券监督管理委员会办公厅关于鼓励相关机构参与市场化债转股的通知

  Foreign investors are encouraged to engage in debt-for-equity swaps

  December 12, 2018

• Trade War - Ceasefire or Merely a Break?

  The recently held G-20 Summit had everyone excited about a truce between the U.S.-China trade disputes. However, it remains to be seen what the 90-day tariff halt will lead to. A few experts in the area share with us their thoughts on whether this new development will be an end to trade-war and if there is more to it than just the war on tariffs.

  December 06, 2018

  

• State Council, Decision on Revising the «PRC Regulations for the Administration of Foreign-invested Banks» (Draft for Comments)

  国务院关于修改〈中华人民共和国外资银行管理条例〉的决定 (征求意见稿)

  Issued: October 25 2018 Main contents: A foreign bank may simultaneously establish a wholly foreign-owned bank and a foreign bank branch,…

  November 07, 2018

• China International Commercial Court - A Progressive Legal Trend

  The establishment of the Greater Bay Area (GBA) along with the Belt and Road Initiative (BRI) bringswith it ample business opportunities for lawyers. This article discusses the possible risks to considerwhen advising clients on BRI related projects, being prepared to mitigate these risks, as well as China'sInternational Commercial Court (CICC) as a viable option for dispute resolution in BRI cases

  October 25, 2018

  

• Navigating through Cloud Computing Regulations and Enforcement in China

  Jeanette Chan, managing partner – China Practice, and David Lee, counsel at Paul, Weiss, Rifkind, Wharton & Garrison speaks to China Law & Practice about the key regulations, foreign investment trends and personal data issues governing cloud computing in China

  October 18, 2018