The second amendment to the PRC Company Law removes registered capital requirements. The Ministry of Environmental Protection has categorised environmental credit ratings and the Ministry of Finance has clarified the accounting treatment for mergers.
China Law & Practice attended the Second Advanced China Summit on M&A at the end of last year. Strategy and the climate for M&A were high on the agenda, as well as vital lessons for getting the deal done
China has been gradually opening up to wholly foreign-owned medical institutions, but a lack of policies has made it impossible for foreign investors to tap this market. Finally, a framework is in place in Shanghai's Free Trade Zone
Some of the top China pundits have made their predictions for 2014, while the State Council and CBRC have stepped up the crackdown on shadow banking. And for the first time in 10 years, SIPO has a new Commissioner.
This week wealth management products were allowed to open securities accounts, the PBOC further liberalised its interest rate and the CSRC released measures on unlisted public companies
Expats in China are avoiding paying their social insurance, while KPMG has finally started giving US regulators their audit documents for Chinese companies