Legal

Promulgated: August 27 2006Effective: January 1 2007Main contents: Standing committees of people's congresses at all levels shall select several important…

Promulgated: November 6 2006Effective: The filing of tax returns for individuals with an annual income of at least Rmb120,000 shall be effective from January…

Will the Circular on the Investment in the Equity Interests of Commercial Banks by Insurance Institutionsdiminish benefits for foreign investors? How will local insurers manage the new dimension of competition?

By Song [email protected]: www.haiwen-law.comIn February 2006, the China Internet Network Information Center (CNNIC) issued a revised…

This Circular aims to enhance the investments of insurance capital. Insurance institutions may now invest in the equity of unlisted banks. Investment qualifications, withdrawal mechanism, and risk management are also covered.

Shanghai Jin Jiang International Hotels (Group) has raised US$311 million from a global initial public offering. Shares were expected to begin trading…

A comment by Wu Xiaoling, a People's Bank of China (PBOC) deputy governor, triggered the lowest US dollar fall in 19 months compared to the euro. Wu's…

After only two months as president of Alibaba.com, Xie Wen has resigned the position, citing personal reasons, reports the Asian Wall Street Journal. According…

According to a news piece released by Herbert Smith on December 11 2006, China's Zhaojin Mining Industry successfully completed an initial public offering…