SAFE has clarified a foreign debt FX conversion method, the State Council's AML commission has set criteria for monopoly agreement exemptions and fair market competition has been protected
This week China granted the U.S. more room to invest in PRC securities, the auto association fought for permanent tax breaks and Uber's rival Didi received the support of the country's largest insurer
China is slowly opening up the foreign credit card market, certain R&D reps have been permitted to market drugs and transparency of the New Third Board has been increased
The PBOC has aligned the offshore loan requirements of PRC and foreign enterprises and introduced a new formula for calculating debt quotas, opening the gates for Chinese companies to get cheaper funding abroad. 中国人民银行统一了对中国和外国企业的海外贷款要求,并推出全新公式来计算债务限额,为中国公司提供机会来获取更廉价的海外融资。
This week the negative list was mentioned as a priority in the upcoming U.S.-China treaty negotiations, a Guangdong factory hub struggled in the economic restructuring and Nestle redirected its online sales strategy
William Hu, regional compliance officer of Daimler Greater China, explains the importance of instilling ethics in business partners and employees, reacting effectively to risks and tailoring solutions, and shares his insights into the evolving profession in the PRC. 戴姆勒大中华区合规官胡国辉介绍了培育商业合作伙伴和员工的道德观、有效应对风险以及度身打造解决方案的重要性,并就合规工作在中国的发展变化分享了他的见解。
The ministry of human resources has released guidelines for the labor bureaus to follow when granting work injury certifications, addressing issues such as reasonable commute, claim filing deadlines and insurance payment compliance. 人力资源部已发布面向劳动局的指导准则,以便其授予工伤证明,并解决合理通勤、索赔提交时限和保险缴费合规实践等问题。
The PBOC and SAFE have set investment and currency limits for QFIIs in the interbank bond market and customs has put a temporary hold on permit requirements for specific imported goods