China Law News

• In the news: China passes Anti-terrorism Law, the NDRC fines 8 shipping companies and the IPO system is being reformed

  This week the PRC Anti-terrorism Law was approved to take effect on January 1, the NDRC fined foreign shipping firms $62 million for price fixing and regulators made progress towards adopting a registration system for IPOs

  December 30, 2015

• Legislation roundup: Anti-terrorism Law, FX trading and bank accounts

  The PRC Anti-terrorism Law will take effect on January 1, the interbank foreign exchange trading hours have been extended and the PBOC has created three types of bank accounts for individuals

  December 30, 2015

• Legislation roundup: MRF tax, IP and residence permits

  Income derived from the Mainland-Hong Kong Mutual Recognition of Funds will be taxed, the State Council will establish a License of Right system for patents and citizens can apply for residence permits after living in a city for 6 months

  December 23, 2015

• Tech transfer tax breaks may fail to entice MNCs

  The SAT has granted further tax breaks for technology transfers including non-exclusive licensing, but MNCs aren't likely to take the chance of disclosing their IP in China

  December 18, 2015

  

• Legislation roundup: Free Trade Zones and food safety

  The PBOC will expand the use of renminbi in the FTZs and the SFDA has specified serious violations in its draft implementing rules of the Food Safety Law

  December 17, 2015

• In the news: MOFCOM clears Shell-BG deal, Alibaba buys SCMP and Volkswagen gets sued by Chinese NGO

  This week the Shell-BG merger received its final regulatory approval in China, Alibaba bought the Hong Kong newspaper for $266 million, an environmental group filed a case against VW and China's two largest shipping SOEs combined

  December 15, 2015

  

• Legislation roundup: IPO deregulation, Patent Law and e-commerce

  A registration system will replace approvals for Shanghai and Shenzhen listings in two years, a draft Patent Law has increased penalties for infringement and the SAIC has stressed the liability of e-commerce platforms for consumer compensation

  December 10, 2015

• In the news: Luye Medical buys Aus private hospitals, Tencent's mobile games go global and Danone sells its China baby formula brand

  This week a Chinese pharma group bought Healthe Care Australia, Tencent and Glu Mobile worked on westernizing a hit shooting game and Danone sold its Dumex China unit to Yashili

  December 07, 2015

  

• Handling disputes, trade secrets as data rules tighten

  Practitioners highlight the importance of advance preparation for litigation and arbitration, as well as a careful approach to IP, as data risks grow

  December 04, 2015

  

• The changing game for corporate counsel

  General counsel from DSM, Eli Lilly and State Street Bank in China explain how the role of in-house lawyers have become far broader now even as they work in specialized, highly-regulated and fast-paced industries

  December 04, 2015