Banking and Finance Laws

A recent PricewaterhouseCoopers company survey found that many investors have lost interest in investing in non-performing loans (NPLs) in China and have…

A comment by Wu Xiaoling, a People's Bank of China (PBOC) deputy governor, triggered the lowest US dollar fall in 19 months compared to the euro. Wu's…

A recent PricewaterhouseCoopers company survey found that many investors have lost interest in investing in non-performing loans (NPLs) in China and have…

Cinda Asset Management plans to securitize US$604 million of Bank of China's bad loans, reports the Financial Times. Cinda is a state-owned firm that specializes…

American private-equity firm Carlyle Group has increased its bid for part of Xugong Group Construction Machinery by 20%, reports the Financial Times. Carlyle…

China Life Insurance (Group), one of China's biggest insurance groups, has announced plans to buy a 10% stake in Huishang Bank, the Asian Wall Street Journal…

National LegislationACCOUNTINGCircular on Implementation of the (Enterprise Accounting Guidelines) by Securities Companies 关于证券公司执行《企业会计准则》的通知L3100/06.11.27(1)Circular…

Promulgated: September 17 2006Effective: September 19 2006Main contents: The Measures comprise:Part One: General ProvisionsPart Two: Inquiry and PricingPart…

Issued: September 13 2006Effective: January 1 2007Main contents: Pursuant to Article 6 of the Scheme, a certified public accountant shall receive continuing…