The People's Court may order an arbitration de novo by the arbitration tribunal when 1) the arbitration award was based on fabricated evidence, or 2) evidence was concealed that would have affected the impartiality of the award.
Since China launched its reform of the domestic capital markets in May 2005, requiring listed companies to convert non-tradable state-owned shares into…
Issued: September 14 2006Main contents: The Circular abolishes the export tax rebates on all non-metallic ores under Part 25 of the Customs Import/Export…
In Doing Business 2007: How to Reform, the World Bank and International Finance Corporation rank China as the fourth-best reformer globally (behind Georgia,…
Promulgated: September 1 2006Effective: October 1 2006Interpreting authority: Ministry of CommerceApplicability: The term "complaints from foreign-invested…
Issued: September 27 2006Main contents: When underwriting large cap stocks, securities companies whose net capital comply with the standard and that are…
China is considering establishing a new 'super regulator' to oversee its financial and banking industries, in a bid to improve coordination in a sector…
Promulgated: July 27 2006Effective: as of date of promulgationApplicability: The term "construction projects" refers to new construction projects or construction…
The PRC Enterprise Bankruptcy Law modernizes the PRC corporate bankruptcy regime, applicable to both state-owned and domestic and foreign private companies.