Corporate Governance

China launches a “Two-Invoice System” to simplify the drug distribution chain and reduce prices and corruption in the healthcare sector. The new policy may bring substantial compliance and business model challenges for pharmaceutical companies

Chinese telecom equipment company ZTE has pleaded guilty to three counts in a Texas court and agreed to pay a $1.2 billion fine

MNCs managing tax audit risks in China must conduct a complete analysis in response to the new APA rules that set higher submission standards and require greater disclosure

Companies in China must enhance environmental compliance as they prepare for a law that replaces discharge fees with taxes on air, water, solid waste and noise pollution starting next year

Zhong Lun Law Firm

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

CSRC cracks down on subtle backdoor listings.

CSRC cracks down on subtle backdoor listings.

New approval and record filing procedures set out for enterprise investment projects.