Legal

Parties to foreign-related contracts have been free to choose which country's law govern their contracts - except where PRC law is mandatory. The new Provisions provide better guidance on deciding the governing law of the contract.

Recently, there has been discussion of a possible law on personal information protection in China. What would it mean for companies doing business in China?

National LegislationBANKINGMeasures for the Administration of the Report of Transactions Suspicious of Terrorist Financing by Financial Institutions金融机构报告涉嫌恐怖融资的可疑交易管理办法L3610/07.06.11Measures…

Shanghai-based PRC firm Yuan Tai has appointed Hubert Tse, formerly of Chen & Co., as managing director and head of the firm's international business group.…

Stamp duty reduced to curb securities speculation.

Tax law revised to allow reduction and waiving of tax on savings interest.

Export tax rebate rate for garments dropped to 11%.

Requirements on accounting firms engaging in securities- and futures-related businesses imposed.

Shares of listed companies held by state-owned shareholders transferred according to the market price.