An increasing number of judges in Shanghai are quitting every year and replacing them is proving difficult. The government needs to act quickly to maintain the quality of decision making and the faith of litigants
This week Alibaba officially chose the US for its listing, Twitter CEO Costolo prepared his first trip to Shanghai, Chinese law firms were fined over IPO due diligence and a real estate developer defaulted
This week the CIRC has produced a circular on approval of reinsurance transactions, the CBRC has opened up investment in lease financing companies and customs have introduced new measures for processing goods
Tencent, Alibaba and Baidu are battling to dominate the world's largest internet user base in a contest that highlights the need to clarify the use of variable interest entity structures
Tencent, Alibaba and Baidu are battling to dominate the world's largest internet user base in a contest that highlights the need to clarify the use of variable interest entity structures
SAFE has relaxed the forex registration process for direct investment in the FTZ and issued a draft to ease control over the provision of loan security. Also, non-profit organisations are now welcome to apply for tax exemptions
This week IBM workers protested against the Lenovo deal, the Tencent-Qihoo unfair competition dispute sparked debate, the CBRC launched a private bank programme and the NPC's reform proposals drew criticsm
The State Council has replaced the annual inspection system with the report publication system and the PRC Work Safety Law was amended to increase penalties
This week the NPC announced VAT for telecom services, CPA firms shifted their services, China faced its first domestic bond default and an infringement case left ZTE unscathed
The State Council has drafted stricter rules for advertisements, the CIRC relaxed investment limits for insurance proceeds and the approval process for setting up entities has been simplified