Hong Kong-listed China Yurun Food Group, a meat product manufacturer headquartered in Nanjing, has raised HK$3.51 billion (US$450 million) through a sale…
Over the past two years, China has issued numerous policies and programmes to internationalise the yuan. From the proposed Shanghai international bourse to the launch of the Mini-QFII scheme this year, it's clear that China's intent is to bring her currency to the centre of the world stage and align it with the country's growing influence in global trade and finance
With labour reform a conspicuous theme this year in China, companies operating in the PRC should keep a constant eye on shifting policies and re-visit the employment process from beginning to end to ensure compliance
It's been a busy year for tax authorities in 2010 and next year will be no different. Foreign companies are no longer privy to preferential tax treatments and non-resident enterprises can expect tightening on indirect equity transfers, treaty benefits and transfer pricing audits
Foreign investors remain concerned about China's indigenous innovation policies, especially since promoting strategic emerging domestic industries is likely to be a key focus of the country's next Five-Year Plan
China's new social insurance law demonstrates the government's aim to promote equality among all those residing in China, however, more regulations are needed to implement the principles of coverage
The Measures states that mainland enterprises are encouraged to invest in Taiwan to realise mutual benefits and a win-win situation for the economies on both sides of the Taiwan Strait.
The codification of China's civil law took a big step forward with Beijing's release of its hallmark statute on conflict rules. The government is now more flexible in dealing with foreign-related civil relationships, but party autonomy limitations are likely to affect judicial practice