This week Hony Capital bought PizzaExpress for US$1.54 billion, China Mobile, China Unicom and China Telecom established a tower company and the WTO said the US broke its rules in imposing duties on Chinese exports
The CSRC has clarified delisting rules and the CBRC has explained the calculation of loan-to-deposit ratios of commercial banks. Insurance companies have also been invited to join the senior housing reverse mortgage endowment pilot project
This week the tax authorities tightened disclosure rules for Chinese companies with overseas assets, the renminbi over-the-counter exchange rate was liberalised and BAIC Motor filed for a US$2 billion IPO in Hong Kong
The CSRC has simplified M&A and asset restructurings of unlisted public companies and the PBOC has reduced conditions for banks' settling and selling foreign exchange
This week Swiss companies enjoyed tariff cuts in China, the Supreme People's Court bolstered its Environmental and Resources Tribunal and Hugo Boss followed luxury group trends in direct store ownership
This week MOFCOM simplified FIE capital requirements, the US-China Economic and Security Commission published a paper on VIEs and Best Buy considered sale or partnership options
This week MOFCOM prohibited a shipping alliance, foreign pharmaceutical executives revealed their fear of arrest, government officials kept resigning from company boards and PetroChina counted the cost of unrest in the Middle East
This week the SAIC released another draft of Provisions dealing with the complex question of how China's Anti-monopoly Law should interact with IP rights
This week Vanke used the internet to expand its services, Sinopec agreed to explore China's unconventional resources with a US fracking company and small city and rural lenders' reserve ratio requirements were reduced
As a supplier to Nike and Adidas found out to its cost, companies can no longer ignore rules on social insurance. Internal auditing and coordinating with the local authorities are needed to avoid expensive disputes