Legal

SAFE loosened its grip on the interbank foreign exchange market, the State Council issued rules on deposit insurance and the PBOC allowed MNCs to engage in centralised cross-border renminbi operations

Guangdong allows collective wage bargaining.

What must I do when a regulator conducts an investigation into my company What documents and evidence must I prepare and how do I show I am in full compliance What are the pitfalls to avoid and what measures should I take to protect the company

What must I do when a regulator conducts an investigation into my company? What documents and evidence must I prepare and how do I show I am in full compliance? What are the pitfalls to avoid and what measures should I take to protect the company?

A draft guidance on multi-regional clinical trials would make it harder for pharmaceutical companies to get innovative drugs approved in the PRC. If implemented, the new rules could lead to confusion and delays

A draft guidance on multi-regional clinical trials would make it harder for pharmaceutical companies to get innovative drugs approved in the PRC. If implemented, the new rules could lead to confusion and delays

Foreign investment in nursing homes has been encouraged, the CIRC listed the means for insurance companies to increase capital and the SAIC set rules for group buying websites

The revision abolishes the requirement for prior CSRC approval of a takeover offer.

This week the Range Rover Evoque was copied by Chinese LandWind, Microsoft got fined US$140 million for tax evasion, the NDRC considered lifting price caps on drugs and Tencent signed a deal with HBO