Legal

China to combat soil pollution.

China-based television manufacturer and distributor TCL Multimedia has completed its placement of new shares to TCL Corporation. The placement of new shares…

National Legislation ENVIRONMENTAL PROTECTIONCircular on Issues Relevant to the Implementation of the Provision on the Amount of “Payable Sewage Charges”…

China Merchants Bank has acquired Wing Lung Bank, which is valued at approximately US$4 billion, or 3.1 times book value. Wu Jieh Yee Company is the single-largest…

At an event co-sponsored by Foley & Lardner LLP and Asia Law & Practice, “China's Innovation Boom: Doing Business and Achieving Growth in China”, Foley attorneys addressed effective strategies to obtain, protect, and enforce IPR.

The rate for the deduction of the expenses before individual income tax of the owners of family proprietorships and of investors in wholly individually-owned enterprises and partnerships is uniformly set at Rmb24,000 per year (Rmb2,000 per month).

Before a securities company submits an application for an initial public offering of shares and the listing thereof, it shall submit relevant materials to the China Securities Regulatory Commission and apply for the issuance of a regulatory opinion.

The Provisions set forth criteria for a people's court to accept a petition of a shareholder or shareholders to dissolve the company.

The Circular sets forth the criteria for asset appraisal firms applying for securities and futures-related business valuation qualifications.