Multinational companies in China may have to choose between a heavy tax hit and the risks of local employment contracts for expat workers

Including: Implementing Regulations for the PRC Food Safety Law

Compliance report must be filed by end of October

China Law & Practice can now reveal the official list of Finalists for the 2009 China Law & Practice Awards, which will be held at the JW Marriott Hotel in Shanghai on September 23

Draft contains provisions which could hinder competition if applied strictly

Circular on Foreign Exchange Control Issues Relevant to Overseas Loans Extended by Enterprises in China

Including: Provisions for the Acquisition of Domestic Enterprises by Foreign Investors

Flexible offshore capital structures are likely to be attractive

Changes to foreign investment rules “helpful” for Chinese companies