The Circular clarifies the scope of technology transfers, which includes the transfer by tax-resident enterprises of proprietary technology, copyrights in computer software, rights in layout-designs of integrated circuits, new varieties of plants and new biopharmaceutical products.

The Circular defines the acquisition of domestic enterprises by foreign enterprises that is subject to security review as well as the subject of such review.

Dispute resolution partner, James Kwan has left Simmons & Simmons and will join the Hong Kong office of Baker & McKenzie. With a particular focus…

Chinese agribusiness conglomerate Cofco has acquired Château de Viaud, a vineyard located in the Bordeaux region of France. Owner of the Great Wall wine…

Instead of easing difficulties, recent tax reforms have increased the tax liabilities and burdens of enterprises providing consulting services

Being proactive in planning rights ownership helps enforcement

PRC property developer, Shui On Development, has issued Rmb3.5 billion (US$531 million) four-year Rmb-denominated US-dollar settled senior notes. The issue's…

Investment channels widened for private capital

The release of several recent private equity-related regulations indicates the government's encouragement for increased foreign participation in this space. Shanghai's new Pilot Measures provide several new fund structures for offshore investors, but in order to advance the PE market regulators need to provide more guidance to address other challenges like fund-raising, partnership asset transfers, exits and taxes