Legal

It may be easier for foreign banks to set up branches in China, private fund management business is put under greater scrutiny and insurance companies are given more flexibility in equity investment.

Issued: September 21, 2018 Main contents: The state encourages the investment of private capital in the nuclear fuel cycle industry and effective…

Issued: September 20, 2018 Main contents: No entity or individual may import foreign current affairs type news programs (Article 2). The…

JAMS has recently announced a collaboration with the Shenzhen Court of International Arbitration and the Shanghai Commercial Mediation Center; China may introduce legislation to establish a national IP court within the SPC; and China passes new laws to facilitate international judicial assistance.

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

Law drafts are issued to clarify on residency requirements and special expense deductions concerning individual income tax, and internet financing institutions are required to guard against anti-money laundering and anti-terrorist financing

A 30-day notice in writing is now required from foreign institutions providing cross-border financial network services

Business premises may be inspected for cybersecurity purposes

China recently established a trademark office in Shanghai as a platform for local companies to safeguard their brands against foreign imitation; China International Import Expo, gathering 2,800 enterprises from 130 regions to set up a dispute tribunal within venue; and the SPC is on track with the government's campaign to eradicate gangsters and organized crimes.