Legal

MOFCOM delegates its FIE approval power to lower level departments.

The Circular states that, with certain exceptions, the investment in and establishment of commercial enterprises by foreign investors shall be subject to the examination of the provincial-level departments in charge of commerce.

CIRC monitors insurance company solvency through inspections.

Online careers and recruitment resource Monster Worldwide (Monster) has acquired ChinaHR, an online recruitment company in China. Monster paid US$174 million…

Share buyback by listed companies made easier.

The China Securities Regulatory Commission (CSRC) has released new measures allowing shareholders of listed companies to issue exchangeable bonds. “The…

Clarity for valuation of securities investment fund products with no market price.

Shanghai Stock Exchange issues guidelines on disclosure of increase in shareholding.

The government's tax cutting measures issued on October 22 were an attempt to bolster China's sagging real estate market, however the initial impact…