SAFE has relaxed the forex registration process for direct investment in the FTZ and issued a draft to ease control over the provision of loan security. Also, non-profit organisations are now welcome to apply for tax exemptions
This week IBM workers protested against the Lenovo deal, the Tencent-Qihoo unfair competition dispute sparked debate, the CBRC launched a private bank programme and the NPC's reform proposals drew criticsm
Stan Abrams heads the Asia legal team at Bentley Systems and has practiced in China for 15 years. He explains the importance of balancing internal and external work processes in light of changing regulations and seeking individual experts for outside counsel