China once welcomed foreign exchange inflows; now, hot money is threatening its developing economy. To control the flow of trade funds, the regulator has set requirements for compliance with rules on advance payments and deferred receipt of payments. The new rules could lead to tax losses and fines for exporters. By David Wang, Chris Yang and Chris Chen, Broad & Bright Shanghai Office.
The Citelum Group, a subsidiary of Veolia Environment and EDF, has won a place in a unique public private partnership managing urban lighting in Kunming,…
Five lawyers are joining the partnership of JSM, which operates in association with Mayer Brown and Mayer Brown International, on January 1 2009.Cindy…