Online careers and recruitment resource Monster Worldwide (Monster) has acquired ChinaHR, an online recruitment company in China. Monster paid US$174 million…
Manisha Singh NairLex OrbisThe Indian government has released the draft legislation on the National Innovation Act of 2008 (NIA). The proposed legislation…
The Provisions for the Administration of Foreign-invested Advertising Enterprises (the Provisions) were promulgated by the State Administration for Industry and Commerce (SAIC) and took effect on October 1. The Provisions replaced the Regulation of Administration of Foreign Invested Advertising Entities and reflects a liberalisation trend that encourages foreign investment in this specialised business sector. By Richard Wageman, DLA Piper, Beijing.
The Chinese government has provided more incentives for foreign-invested telecommunications enterprises (FITEs) to do business in the PRC, through the…
Amendments to China's Regulations for the Administration of Foreign-invested Telecommunications Enterprises came into effect in September 2008. The amendments lower capitalisation thresholds for the operation of basic services and make applications simpler. But it is not clear if the new rules will encourage more foreign investment in the telecoms sector.
The revised provisions lower the minimum registered capital of foreign-invested telecommunications enterprises that provide basic telecommunications services.
China Mass Media International Advertising Corp completed its US$50 million initial public offering and the New York Stock Exchange (NYSE) Arca listing.The…