The Ministry of Commerce (MOFCOM) has issued new rules that would grant the provincial commerce authorities power to approve establishment of foreign-invested…
October 15, 2008
Foreign Direct Investment
Guangdong grants processing enterprises right to sell their products in China.
October 15, 2008The Chinese government has provided more incentives for foreign-invested telecommunications enterprises (FITEs) to do business in the PRC, through the…
October 15, 2008Bank of China has acquired a 20% stake in La Compagnie Financière Edmond de Rothschild, a provider of private banking, asset management and advisory services…
October 15, 2008A Ministry of Commerce subsidiary has issued draft corporate social responsibility (CSR) guidelines for foreign companies.Although the draft Guidelines…
October 15, 2008Geographic restriction on exploration permits lifted.
October 15, 2008In July 2008, MOFCOM issued a circular granting provincial-level authorities more leeway in approving foreign investment real estate projects. Lawrence Guo, a partner at Broad & Bright, looks at how the delegation of power will change the playing field.
October 15, 2008Volodymyr ShkredArzinger & [email protected] is an open economy with a free market, which has a competitive business climate…
October 15, 2008Amendments to China's Regulations for the Administration of Foreign-invested Telecommunications Enterprises came into effect in September 2008. The amendments lower capitalisation thresholds for the operation of basic services and make applications simpler. But it is not clear if the new rules will encourage more foreign investment in the telecoms sector.
October 15, 2008China's currency has undergone fundamental changes along with the rapid economic development both domestically and in global markets. In order to adapt to today's financial and currency markets, the State Council has adopted a revision of Foreign Exchange Regulations of the People's Republic of China on August 5 2008. Foreign companies need to be familiar with the newly revised foreign exchange regulations.
October 15, 2008