Legal

A series of reforms should help to restart China's capital markets in 2014. Although the changes are a positive step, they create problems for law firms and leave some serious structural problems unresolved

A series of reforms should help to restart China's capital markets in 2014. Although the changes are a positive step, they create problems for law firms and leave some serious structural problems unresolved

The Negative List specifies foreign investment projects that are restricted or prohibited in the Shanghai Pilot Free Trade Zone.

Where a business operator sells goods online, by television shopping, telephone sales, mail order or other such means, consumers shall have the right to return the goods, no questions asked, within seven days from the date of receipt of the goods.

Those who criticise the FTZ negative list as a sign that the zone has been overhyped are missing the point. It is still a big step from a government that is used to being in control

Those who criticise the FTZ negative list as a sign that the zone has been overhyped are missing the point. It is still a big step from a government that is used to being in control

Some of the top China pundits have made their predictions for 2014, while the State Council and CBRC have stepped up the crackdown on shadow banking. And for the first time in 10 years, SIPO has a new Commissioner.

This week wealth management products were allowed to open securities accounts, the PBOC further liberalised its interest rate and the CSRC released measures on unlisted public companies

Xi's solution to China's many challenges seems to be to let the market become the decisive force in the economy. Professor Connie Carter believes that persuading the Party to support that move will be difficult