China encourages the establishment of private banks.
August 20, 2015
Legal
This week the Tianjin Port explosion was analysed in terms of insurance claims, regulatory investigations and disputes, and 15,000 individuals were arrested for internet security violations
August 19, 2015Shipping WFOEs will be approved by local commerce departments.
August 14, 2015This week the copyright agency removed 2.2 million unlicensed songs from the internet, the NPC included a property tax law in its legislation plan and the market bet on Gome attracting a partner after its rival Suning tied up with Alibaba
August 12, 2015Issued: July 21 2015Main contents: The term of operation for a highway concession may not exceed 30 years. However, for highways with large investments…
August 10, 2015MNCs must understand Chinese anti-bribery laws and that violations on the ground can have severe extra-jurisdictional effects under the FCPA and UK Bribery Act, examine business practices and have compliance controls checked by both foreign and local counsel
August 10, 2015MNCs must understand Chinese anti-bribery laws and that violations on the ground can have severe extra-jurisdictional effects under the FCPA and UK Bribery Act, examine business practices and have compliance controls checked by both foreign and local counsel
August 10, 2015This week the SPC has increased the liability of P2P online lending platforms in loan cases, private capital has been encouraged in railway construction projects and a maximum 30 years has been set for highway operation
August 07, 2015Interbank market further opened to foreign institutional investors
August 07, 2015This week the government required major internet companies to set up security offices staffed by police, the migration of Chinese manufacturers to the US was discussed and the national anti-corruption drive yielded substantial results
August 05, 2015