Zhonglun Law FirmIn July, the People's Bank of China (PBOC) allowed four of China's commercial banks (the Bank of Communications, China Merchants Bank,…
New regulations have been issued that attempt to bring some order to the retail petrol industry, and strengthen the local business environment before the market is liberalized for foreign investment in 2004 per China's WTO commitments.
Jones, Day, Reavis & PogueWhile China has cut tariffs on imported goods as per its WTO commitments, as is often the case, the devil is in the details.…
Promulgated: July 23 2002Effective: as of date of promulgationApplicability: The Provisions apply to the permission of commencing business and the daily…