PRC domestic savings will soon have additional overseas outlets, as regulations are issued to permit more types of outbound investment by greater types of qualified domestic institutional investors.
The Tentative Measures stipulates requirements for engaging in entrusted overseas financial management business, the limit of foreign exchange payments for investments and fund management, risk management and transparency of business.
This law strengthens the administration of commercial franchising activities, regulates the order of the franchising market, and provides requisite application procedures.
China's long-awaited bankruptcy law finally came into effect on June 1 2007. Secured creditors no longer take a back seat to a failing company's employees…
The initial public offering (IPO) and Hong Kong Stock Exchange listing by Belle International Holdings, the largest retailer of ladies footwear in the…