Legal

By David Yu and Charles [email protected]@llinkslaw.comRelated party transactions have led to considerable losses for Chinese commercial…

By Martin G. [email protected] April, we looked at the advantages of the company limited by shares (CLS) structure compared to foreign-invested…

Deals with various limits on foreign exchange accounts for current account items.

Promulgated: March 19 2004Effective: May 1 2004Main contents: The Rules stipulate that the items, standard and method of fee charging by law firms shall…

Professional guidelines to lawyers practising in the PRC.

Four types of administrative penalties for lawyers or law firms breaching the law.

The new Procedures represent China's WTO commitments to remove restrictions in wholesale and retail industry against wholly-owned foreign enterprises, introduce more permissible retail and wholesale activities, and simplifies approval process.

New regulations from the State Administration of Industry and Commerce and the Ministry of Commerce have opened the advertising market in China to greater foreign participation.

The new Regulations open the advertising market in China to greater foreign participation (one of the WTO commitments), and provide a legal guide for gaining more substantial control over their China operations.