Legal

Issued: December 1 2002Effective: as of date of issueInterpreting authority: China Securities Depositary and Clearing Corporation LimitedMain contents:…

China will promulgate an amended insurance law as part of a broad-ranging programme of post-WTO accession legislative renovation. An in-depth analysis of the pros and cons, and the implications for the China insurance market.

Freshfields Bruckhaus DeringerWhile the Chinese central government has long prohibited the practice of "guaranteed fixed returns" whereby the Chinese party…

Promulgated: November 21 2002Effective: January 1 2003Main contents: The Provisions list the anti-subsidy acts on which administrative cases shall be accepted…

Promulgated: November 21 2002Effective: January 1 2003Main contents: The Provisions list the anti-dumping acts on which administrative cases shall be accepted…

The new QFII regulations mark another step in opening the securities markets further to foreign participation. Many new laws have made it apparent that the CSRC is committed to the path of financial reform and development.

This piece of legislation marks a significant development of China's securities markets as it opens up the A share and domestic bond markets to foreign investment for the first time. It lays down the application and qualification standards of QFII.

Baker & McKenzieIgnoring the regrettable fact that pirated DVDs retail at Rmb10 or less in the PRC and bearing in mind that China is an important production…

New regulations from MOFTEC and the MOC mean that for the first time wholly foreign-owned construction companies can undertake work in China. However, some provisions remain ambiguous and may actually constitute hurdles for foreign investment in the PRC construction industry.