The PRC government increased its efforts to combat commercial bribery in China by issuing the Opinions on the Launch of Dedicated Work to Tackle Commercial Bribery. Under the new rules what practices should a company adopt when conducting business in China?
Zhou Shengxian, the director of China's State Environmental Protection Administration (SEPA), says that fraud in assessing pollution control is prevalent…
Issued: May 24 2006Main contents: Starting from June 1 2006, residential premises (including low-priced residential premises) with a unit floor area of…
Issued: July 13 2006Main contents: The Circular states that certain foreign investors were recently found to have circumvented, together with domestic…
Issued: July 11 2006Main contents: The Opinions comprise four sections on:1. Regulating the Entry of Foreign Investment into the Real Property Market;2.…
From September 8 2006, share swaps will be allowed instead of cash payment when foreign companies merge with or acquire PRC companies, according to the…
The Measures stipulate the method of determining the dutiable value of imported goods, the transaction valuation method, elements for which the transaction value is to be adjusted and when special buyer/seller relationships are deemed to exist.
Apple Computer's investigation into claims of poor working conditions at a Chinese iPod factory found no forced labour or other serious violations. However,…
Issued: July 18 2006Effective: as of August 1 2006 for Article 2Main contents: When calculating the taxable income for individual income tax on income…
The draft property law has been submitted to China's legislature, the Standing Committee of the National People's Congress (NPC), for a fifth reading after…