The Citelum Group, a subsidiary of Veolia Environment and EDF, has won a place in a unique public private partnership managing urban lighting in Kunming,…
December 18, 2008
Foreign Direct Investment
Conversion of unlisted foreign investment shares into tradable B-shares streamlined.
December 18, 2008China once welcomed foreign exchange inflows; now, hot money is threatening its developing economy. To control the flow of trade funds, the regulator has set requirements for compliance with rules on advance payments and deferred receipt of payments. The new rules could lead to tax losses and fines for exporters. By David Wang, Chris Yang and Chris Chen, Broad & Bright Shanghai Office.
December 18, 2008Hubert TseYuan Tai PRC [email protected] recent months, global equity markets have been hitting new lows. However, according to the China…
December 18, 2008A new Circular makes it easier for foreign investors to get approval for the conversion of their unlisted shares into B-shares. This may finally render non-listed foreign-investment shares in these issuers obsolete. By Heiner Braun and Miles Ma, Freshfields Bruckhaus Deringer, Shanghai.
December 18, 2008A sweeping VAT reform takes place in China on January 1 2009. It will benefit many domestic companies but could block the cash-flow of some foreign invested enterprises, removing advantages enjoyed under the old tax regime. By Joanna Law.
December 18, 2008Conversion of unlisted foreign investment shares into tradable B-shares streamlined.
December 18, 2008Opinion issued to clarify under which circumstances an FIE is required to pay a place use fee.
November 10, 2008