QFIIs exempted from income tax related to Shanghai-Hong Kong Stock Connect.

Investors in Shanghai-Hong Kong Stock Connect exempted from income tax and business tax provisionally.

Non-bank financial institutions allowed in the interbank forex market.

This week Wal-Mart's crumbling China business was brought to light, three new free trade zones were planned, the Beijing Arbitration Commission issued its 2015 rules and 1,000 companies were publicised for environmental violations

SAFE loosened its grip on the interbank foreign exchange market, the State Council issued rules on deposit insurance and the PBOC allowed MNCs to engage in centralised cross-border renminbi operations

Guangdong allows collective wage bargaining.

What must I do when a regulator conducts an investigation into my company What documents and evidence must I prepare and how do I show I am in full compliance What are the pitfalls to avoid and what measures should I take to protect the company

What must I do when a regulator conducts an investigation into my company? What documents and evidence must I prepare and how do I show I am in full compliance? What are the pitfalls to avoid and what measures should I take to protect the company?

A draft guidance on multi-regional clinical trials would make it harder for pharmaceutical companies to get innovative drugs approved in the PRC. If implemented, the new rules could lead to confusion and delays