The Chinese corporate governance regime is increasingly under attack as a hindrance to important economic reforms. China's new Company Law improves corporate governance by introducing fiduciary duties and minority shareholder protection. However, does the new law provide enough protection to safeguard the interests of investors in Chinese companies? What other implications are involved and how will this impact the management of companies in China?
This Guidelines stipulate the risk management requirements for commercial banks in expanding their businesses in the area of personal financial management advisory services, comprehensive financial management services and personal financial management business products.
Issued: January 5 2006Effective: as of date of issueMain contents: The Provisions comprise:Part One: General ProvisionsPart Two: Project AdministrationPart…
Issued: January 22 2006Effective: March 31 2006Main contents: The Circular delegates the departments in charge of commerce at the provincial level and…
With regard to tax agreements entered into by China with foreign states, the term 'permanent establishment' shall be deemed not to include the maintenance of a fixed place of business solely for the purpose of carrying on, for the enterprise, any activity of a preparatory or auxiliary character.
Promulgated: February 14 2006Effective: March 18 2006Applicability: These Measures apply to public participation in environmental impact assessment of…
Promulgated: January 18 2006Effective: May 1 2006Main contents: The party who fails to remain at the scene of a traffic accident after the occurrence of…
Chinese domain names have become an important online marketing tool for businesses with a strong presence in China. However, the lack of regulation is a major concern and may lead to website domain name disputes. What options are available to resolve such disputes and how can businesses protect these intellectual property rights?