Foreign investors in the PRC banking industry are subject to duties in quarterly consolidated financial statement reporting, conglomerate reporting, official inspections, external audit and tripartite meetings.
Promulgated: March 31 2004Effective: June 1 2004Main contents: Article 33 of the Regulations has been amended to include public interest as a criteria…
Joint venture disputes are a fact of life in China. But they can be avoided with some careful planning to structure the joint venture contract to account for the common pitfalls in doing business in China.