New rules now allow commercial banks to establish fund management companies. What do the new rules mean for banks and how will this affect China's fund management industry?

Issued: February 24 2005Main contents: The Opinions comprise seven parts: 1) loosening market access for non-publicly owned entities; 2) giving greater…

Issued: March 14 2005Effective: as of date of issueMain contents: Starting from the date of this Notice, foreign-invested banks applying to engage in the…

The Procedures clarify that "branded automobile sales" do not require the establishment of 4S shops, but a unified shop name, logo or trademark under which automobile business activities of automobile suppliers or their authorized branded automobile dealers are engaged in.

By Beth A. Bunnell and Angela [email protected]; [email protected] 11 2004 was the long awaited date on which various subsectors of "distribution…

Development of China's physical infrastructure has not managed to keep pace with the country's strong economic growth. How have foreign investors' chances faired as China faces its ongoing need to modernize its infrastructure?

Promulgated: February 3 2005Effective: March 5 2005Main contents: The Procedures state that foreign investment in the leasing industry may be made in the…

The main focus of the Procedures is to administrate the relevant transactions and market risks brought by commercial banks that are shareholders of fund management companies.

Issued: February 19 2005Effective: as of date of issueInterpreting authority: National Development and Reform CommissionApplicability: The Circular applies…