The SAT has granted further tax breaks for technology transfers including non-exclusive licensing, but MNCs aren't likely to take the chance of disclosing their IP in China

Technology transfer income clarified for tax break purpose.

The PBOC will expand the use of renminbi in the FTZs and the SFDA has specified serious violations in its draft implementing rules of the Food Safety Law

This week the Shell-BG merger received its final regulatory approval in China, Alibaba bought the Hong Kong newspaper for $266 million, an environmental group filed a case against VW and China's two largest shipping SOEs combined

A registration system will replace approvals for Shanghai and Shenzhen listings in two years, a draft Patent Law has increased penalties for infringement and the SAIC has stressed the liability of e-commerce platforms for consumer compensation

Tax deductions made easier for VC partners.

The country's national security, cybersecurity, anti-terrorism and financial IT rules can significantly impact foreign companies' operations, data privacy and cross-border information transfers. MNCs need to work together to prevent these costly and potentially risky changes

This week a Chinese pharma group bought Healthe Care Australia, Tencent and Glu Mobile worked on westernizing a hit shooting game and Danone sold its Dumex China unit to Yashili

Practitioners highlight the importance of advance preparation for litigation and arbitration, as well as a careful approach to IP, as data risks grow