China's state-owned commercial banks are saddled with portfolios of non-performing loans (NPLs). Do China's legal, regulatory and tax regimes offer attractive structures to draw foreign investment into this sector?
China's mining industry hasn't experienced the dramatic growth in foreign investment that many other sectors of the economy have during the reform period. How can foreign investors tap in to the sector, and is the government committed to revamping the exploration industry?
Issued: December 17 2002Main contents: The Circular allows certain goods of a production enterprise that are:(1) purchased from external sources;(2) purchased…
Foreign enterprises in the PRC are required to pay value-added tax, business tax and enterprise income tax on the revenue from disposing Chinese financial assets.
Issued: August 23 2002Main contents: The Circular clarifies certain issues related to the collection of real property tax. Generally, the amount paid on…
Issued: January 23 2003Effective: March 1 2003Applicability: For the purposes of these Measures "debt restructuring " refers to all matters concerning…
Rules on foreign-invested venture capital enterprises were promulgated in 2001, but fell considerably short of expectations. New rules in this important area have recently been issued. Have they overcome the limitations of the prior rules?
Issued: January 7 2003Interpreting authority: State Administration of TaxationApplicability: Disposal of financial assets refers to enterprises that obtain,…