Issued: March 18 2005Main contents: The Circular clarifies that funds raised through loans of a party to a joint venture in its own name shall be regarded…
Issued: February 1 2005Effective: March 1 2005Applicability: In the event of a conflict between previous provisions and this Circular, this Circular shall…
Issued: November 11 2004Main contents: Where a foreign-invested enterprise applies for an extension of its term of business later than the stipulated period…
Under a recent crackdown by the State Administration for Foreign Exchange (SAFE), cross-border investments and related transactions of "domestic residents" of China are subject to tougher scrutiny, procedures and restrictions.
Development of China's physical infrastructure has not managed to keep pace with the country's strong economic growth. How have foreign investors' chances faired as China faces its ongoing need to modernize its infrastructure?
The Circular aim to maintain the balance of payments and to ensure the compliant and orderly flow of cross-border capital. Local investors who wish to invest abroad with it sown domestic assets/equity shall obtain the verification of the foreign exchange administration.
Promulgated: December 30 2004Effective: February 1 2004Main contents: The Procedures comprise:Part One: General ProvisionsPart Two: Parties to a FranchisePart…
Promulgated: November 17 2004Effective: 30 days after the date of promulgationInterpreting authority: Ministry of CommerceApplicability: These Provisions…
Issued: January 26 2005Effective: April 1 2005Applicability: In the event of a conflict between this Circular and relevant provisions of the People's Bank…