The Circular allows domestic residents to set up offshore financing platform by means of special purpose companies and to participate in various equity financing activities through reverse acquisition, equity transfer, convertible bonds in international financial market. The Circular also stipulates the relevant registration and administration procedures for special purpose companies and remittance of profits, dividends, liquidation proceeds, equity transfer proceeds, and capital reduction proceeds.

As the world's emerging powerhouse for production and consumption of electrical and electronic products, China has only recently developed a legal regime dealing with recycling and disposal of related solid waste. Who risks liability under China's new regulations and how does the country's solid waste regime compare to that in the EU?

Issued: September 5 2005Effective: January 1 2005Main contents: The Circular comprises:1. Standard for the Deduction of Advertisement Expenses Centrally…

Issued: July 13 2005Main contents: The Circular allows enterprises and individuals in bonded zones and bonded logistics parks to obtain the right to trade…

    By Patrick Hu and Gilbert ZengWebsite: www.jonesday.comForeign investors' access to China's coal market can be traced back to the…

Promulgated: July 15 2005Effective: August 15 2005Applicability: The term 'domestic investment entities' covers state-owned investment entities and non-state-owned…

Issued: August 25 2005Main contents: According to the Circular, the following are now subject to the examination and approval of the local branches of…

Issued: July 18 2005Effective: as of date of issueInterpreting authority: Shanghai Stock ExchangeApplicability: The term 'warrants' refers to negotiable…

By Alan WangWebsite: www.freshfields.comIn China's relatively brief corporate history, corporate fraud has been a recurring feature. The recent high-profile…