Affiliated transactions of insurance FIEs defined.

The Ministry of Commerce delegates its power to approve the establishment of foreign-invested companies limited by shares to provincial-level departments in charge of commerce.

Government relaxes foreign investment in advertising enterprises.

Sun HuiRun Ming Law [email protected] guarantee is a new and rapidly developing industry in China. In the world's financial crisis, PRC…

Online careers and recruitment resource Monster Worldwide (Monster) has acquired ChinaHR, an online recruitment company in China. Monster paid US$174 million…

MOFCOM delegates its FIE approval power to lower level departments.

The Circular states that, with certain exceptions, the investment in and establishment of commercial enterprises by foreign investors shall be subject to the examination of the provincial-level departments in charge of commerce.

Government loosens approval process for foreign-invested advertising enterprises

CIRC monitors insurance company solvency through inspections.