China Law News

• "It's still China, China, China” leading U.S. FCPA enforcement trends

  SEC and DOJ actions in 2016 show that the PRC market topped the charts for Foreign Corrupt Practices Act enforcement

  February 09, 2017

  

• Legislation roundup: FX, cybersecurity reviews and emerging industry catalogue

  SAFE has further facilitated MNCs' FX fund management, the CAC has enhanced security reviews of online products and the NDRC has promoted AI and new energy vehicles as strategic emerging industries

  February 09, 2017

• Legislation roundup: Stock investments, environmental liability and outbound SOEs

  The CIRC has enhanced scrutiny over insurances companies' investments in shares, the State Council has extended producers' environmental liability and SOEs have been encouraged to engage foreign intermediaries for overseas projects

  February 02, 2017

• Legislation roundup: FDI approvals, mobile apps and private schools

  The NDRC has relaxed foreign-invested project approvals, the MIIT has tightened controls for apps on smart devices and for-profit private schools have been subject to separate administration

  January 19, 2017

• In the news: President Xi promotes global trade at Davos, U.S. companies feel more unwelcome in China and the PBOC looks into bitcoin

  President Xi Jinping defended globalization at the World Economic Forum, AmCham China survey results displayed an uncertain bilateral outlook and the central bank inspected leading bitcoin exchanges

  January 19, 2017

• Legislation roundup: PE fund WFOEs, FIE registered capital and wealth management VAT

  AMAC has clarified the record filing process for foreign PE fund managers, the State Council has pledged equal treatment for FIEs and asset managers have been imposed VAT burdens

  January 12, 2017

• In the news: The PBOC and SAFE tighten transaction reporting, the NDRC fines GM $29 million, the CAC publishes a cybersecurity strategy and Qualcomm and Meizu settle a global patent dispute

  Cross-border cash transfer reporting thresholds were lowered, GM was penalized for antitrust violations, the CAC expanded the scope of CII and Meizu agreed to pay Qualcomm licensing fees

  January 05, 2017

• Legislation roundup: Environmental protection tax, cybersecurity strategy and cross-border transfer reporting

  The PRC Environmental Protection Tax Law has been issued, the CAC has elaborated on the definition of “critical information infrastructure” and the PBOC has revised the reporting threshold for large transactions

  January 05, 2017

• Legislation roundup: Record filing, P2P lending and online performance

  The State Council has issued rules to ensure proper record filing implementation, P2P platforms have been required to disclose more information and the Ministry of Culture has tightened scrutiny over online performances

  December 15, 2016

• In the news: The U.S. and EU deny China market economy status, retail and factory data stabilize and the Foreign Ministry welcomes Trump's China ambassador pick

  MOFCOM has taken action through the WTO over anti-dumping duties, consumer and industrial output grew in November and Terry Branstad was named an “old friend” of China

  December 14, 2016