Legal

This week the NPC announced VAT for telecom services, CPA firms shifted their services, China faced its first domestic bond default and an infringement case left ZTE unscathed

The State Council has drafted stricter rules for advertisements, the CIRC relaxed investment limits for insurance proceeds and the approval process for setting up entities has been simplified

Non-financial institutions allowed to invest in consumer finance companies.

This week Tesla announced its pricing strategy for the Chinese market, Apple sued SIPO and Zhizhen over a voice recognition patent and anti-monopoly authorities upped their raids and investigations

The new e-commerce law protects consumers' rights by clamping down on online goods and services providers. But some are sceptical of the SAIC's intentions as the new Measures enhance its power over the rapidly-evolving industry

The new e-commerce law protects consumers' rights by clamping down on online goods and services providers. But some are sceptical of the SAIC's intentions as the new Measures enhance its power over the rapidly-evolving industry

Wholly foreign-owned international shipping management enterprises allowed in the Shanghai FTZ.

The Ministry of Commerce has defined the criteria for simple competition cases, a new law for online transactions was released and the check and approval method for foreign investment projects was clarified.

The majority of the world's cross-border disputes involve China, but lawyers say that Chinese courts still do not meet global standards for enforcement. Arbitration is recommended, but more improvement is needed