The variable interest equity (VIE) structure has long been used by foreign investors wishing to invest in China's prohibited or restricted industries, but an investigation into New Oriental Group has highlighted issues with the structure and led to calls to fully-open foreign investment
The firm of the year shortlists for China's most prestigious legal awards have been finalised. Find out who made the cut and stay tuned for teams, deals and regional firms of the year shortlists in the coming weeks
The SPC has released an Interpretation on the Law during employment disputes and an Official Reply on accepting debt claims from tax arrears of bankrupt enterprises. The State Administration of Taxation also produced an announcement on the beneficial owner in tax agreements.
A new Circular has lowered withholding tax in China, but foreign companies still need to comply with strict regulations from the State Administration of Foreign Exchange
After ten years, the NPC has finally passed an Immigration Law providing a unified platform for managing immigration. China Law & Practice spoke with two leading employment lawyers to determine how the Law will affect immigration policies
The CSRC has released a draft Circular on securities investments and the Standing Committee of the NPC a new draft of the PRC Securities Investment Fund Law. In addition, new rules may open up the investment of private capital in publishing
The National Copyright Administration has caved in to the demands of the musicians in its latest Draft to the Law, but key provisions on licensing and software are causing concern