The PBOC will expand the use of renminbi in the FTZs and the SFDA has specified serious violations in its draft implementing rules of the Food Safety Law

This week the Shell-BG merger received its final regulatory approval in China, Alibaba bought the Hong Kong newspaper for $266 million, an environmental group filed a case against VW and China's two largest shipping SOEs combined

A registration system will replace approvals for Shanghai and Shenzhen listings in two years, a draft Patent Law has increased penalties for infringement and the SAIC has stressed the liability of e-commerce platforms for consumer compensation

Tax deductions made easier for VC partners.

The country's national security, cybersecurity, anti-terrorism and financial IT rules can significantly impact foreign companies' operations, data privacy and cross-border information transfers. MNCs need to work together to prevent these costly and potentially risky changes

This week a Chinese pharma group bought Healthe Care Australia, Tencent and Glu Mobile worked on westernizing a hit shooting game and Danone sold its Dumex China unit to Yashili

Practitioners highlight the importance of advance preparation for litigation and arbitration, as well as a careful approach to IP, as data risks grow

General counsel from DSM, Eli Lilly and State Street Bank in China explain how the role of in-house lawyers have become far broader now even as they work in specialized, highly-regulated and fast-paced industries

The SAT has streamlined tax accounting for VC investment and clarified tax deductibles for technology transfers, and the NDRC has simplified approvals for enterprise bond issuances