The variable interest equity (VIE) structure has long been used by foreign investors wishing to invest in China's prohibited or restricted industries, but an investigation into New Oriental Group has highlighted issues with the structure and led to calls to fully-open foreign investment

For the first time, the SAT provides for the direct recognition of a beneficial owner without references and analysis.

Gary J Gao and Y Q Richard Song of Duan & Duan Law Firm provide a guide to developments in China's capital markets, including the drive to increase transparency and recover from the Muddy Waters scandal

Enterprise income tax may not be levied by assessment against enterprises that solely engage in equity (stock) investment business.

New Measures from SIPO could see invention patents granted in a year, but questions remain over how many applications examiners can push through that quickly

Ken Dai of Dacheng Law Offices provides a comprehensive overview of developments in competition law in China and offers advice to foreign companies setting up joint ventures

A new Announcement has lowered withholding tax in China, but foreign companies still need to comply with strict regulations from the State Administration of Foreign Exchange

The NDRC has proposed raising the threshold at which foreign-invested projects need approval, while Shanghai has introduced a subsidy for multinationals that set up their headquarters in the city and awarded tax breaks for R&D work

Shareholders may not sell privately offered bonds to insurance companies that they control.