Corporate Governance

The Circular issued to promote private medical institutions still needs clarity on regulatory procedures and whether WFOE hospitals can really be set up. Foreign investors must pay particular attention to developments at the local level, says Nicolas Zhu

Shipping WFOEs will be approved by local commerce departments.

MNCs must understand Chinese anti-bribery laws and that violations on the ground can have severe extra-jurisdictional effects under the FCPA and UK Bribery Act, examine business practices and have compliance controls checked by both foreign and local counsel

MNCs must understand Chinese anti-bribery laws and that violations on the ground can have severe extra-jurisdictional effects under the FCPA and UK Bribery Act, examine business practices and have compliance controls checked by both foreign and local counsel

Unified FTZ negative list reduces the number of items to 122 as compared to 139 items on the 2014 Shanghai FTZ negative list.

Unified FTZ negative list reduces the number of items to 122 as compared to 139 items on the 2014 Shanghai FTZ negative list.

China's new National Security Law makes it clear that national security review is a priority, but the widened scope and vague language used for the types of inbound transactions subject to the process may create additional uncertainty for foreign investors

China's new National Security Law makes it clear that national security review is a priority, but the widened scope and vague language used for the types of inbound transactions subject to the process may create additional uncertainty for foreign investors

Foreign investors allowed access to bank card settlement business.