The provision of security to foreign parties for financing purposes by banks in China shall be subject to balance control, and the provision of security to foreign parties by non-bank financial institutions and enterprises shall mainly be subject to approval on a case by case basis.

Wilson Sonsini Goodrich & Rosati has hired corporate and securities partner Weiheng Chen to co-head its China practice. Chen, together with co-head…

Yuan-denominated funds to channel renminbi back onshore

Banking regulator stops sale of bank-trust wealth management products

Finally, the spectre of the great financial crisis has faded. In the past year deal flow has swelled, with transactions that had been slowly ripening through…

The slow, but promising return to deal-making in the latter half of 2009 thankfully escalated into a surge of activity in 2010. CLP's list of Finalists for its 2010 Awards demonstrates a flourishing pipeline of deals and outstanding law firm performances

Susan Deng has joined Mayer Brown JSM in Hong Kong from Standard Chartered Bank, where she was a senior legal counsel. The employment law specialist will…

Procedural clarification made for preferential tax treatment for non-tax-residents.

With the re-emergence of Sino-foreign joint ventures, lawyers must draft contracts that better position investors in anticipation of disputes with partners