Legal

LLPs have been added to accounting firm regulations.

Referral system intends to reduce the misjudgment rates of arbitration review.

Referral system intends to reduce the misjudgment rates of arbitration review.

Scope of judicial review of arbitration cases defined.

Scope of judicial review of arbitration cases defined.

Tax deferral encourages foreign investors to re-invest

Tax deferral policy for FDI further clarified

The Supreme People's Court has issued two new judicial interpretations relating to the Chinese arbitration system. When examined closely, the interpretations reveal some significant changes which should make it easier to enforce awards, bringing greater certainty and comfort to foreign parties in particular.

CBRC and CIRC will be merged.