The SAIC has imposed stricter rules for displaying real estate prices, MOFCOM has set terms for automobile suppliers and enterprises that violate consumers' rights will be penalized and labeled delinquent
Legal
- January 07, 2016
Income, business and stamp taxes clarified for mainland-Hong Kong MRF.
January 07, 2016Chinese courts often apply concepts from patent disputes to trade secret litigation due to the latter's lack of legal framework. But while certain parallels exist, this can be problematic due to the innate technical differences between these two types of IP
January 07, 2016Foreign auto brands including Volkswagen, BMW and Daimler have recalled thousands of vehicles in China amid tightening quality and safety rules. Carmakers need to comply with AQSIQ requirements on monitoring, filing and recalling defects to avoid costly investigations and penalties
January 07, 2016This week markets reacted to China's economic track and outlook, PRC competition regulators imposed the highest amount of fines in 2015 and Dalian Wanda reportedly agreed to acquire a major U.S. movie studio
January 05, 2016PBOC strengthens administration of bank accounts.
January 05, 2016Chinese companies engaging in cartel activities can be subject to the extraterritorial reach of U.S. and EU antitrust laws. This means long and costly investigations, heavy fines and even criminal prosecution. Understanding the risks, compliance and devising an effective strategy are key
December 31, 2015This week the PRC Anti-terrorism Law was approved to take effect on January 1, the NDRC fined foreign shipping firms $62 million for price fixing and regulators made progress towards adopting a registration system for IPOs
December 30, 2015The PRC Anti-terrorism Law will take effect on January 1, the interbank foreign exchange trading hours have been extended and the PBOC has created three types of bank accounts for individuals
December 30, 2015



