Under new MOFTEC rules, foreign operators can now hold up to 75% ownership in international freight forwarding agency companies in China. The key question for such foreign operators is: how to best structure their operations so as to be in a position to take full advantage when wholly foreign-owned enterprises become available in less than three years' time?

Issued: September 27 2002Effective: November 1 2002Interpreting authority: Beijing Local Taxation BureauApplicability: As defined in the Measures, key…

Issued: November 23 2002Main contents: The Official Reply states that the guarantor(s) that has/have assumed the joint and several guarantee liability…

On July 18 2002, the same day that the Administration of the Business of Holding Funds in Trust of Trust and Investment Companies Tentative Procedures…

Provisions governing foreign-invested construction enterprises, including establishing procedures, documents required and business scope.

The recently amended PRC Trademark Law (Trademark Law), the PRC Trademark Law Implementing Regulations (the Implementing Regulations) and supplemental judicial interpretations issued by the government greatly assist and guide practitioners and brand owners to reap further benefits.

Promulgated: November 8 2002Effective: January 1 2003Interpreting authority: State Economic and Trade Commission, the Ministry of Finance, the State Administration…

Pu Dong Law OfficeOn September 28 2002, the China Securities Regulatory Commission (CSRC) published the Administration of Disclosure of Information on…

Zhonglun Law FirmIn July, the People's Bank of China (PBOC) allowed four of China's commercial banks (the Bank of Communications, China Merchants Bank,…