With
Charles Comey,
Hao Zhang
In response to the rapid decline in China's foreign exchange reserves in 2016, the PBOC, along with the NDRC and MOFCOM imposed tightened restrictions on outbound investments and capital outflow...
With
Jason R. Nelms
On June 30, 2016, the Asset Management Association of China ("AMAC") released the Q&A Regarding Registration and Filing of Private Funds (No. 10) ("Q&A No. 10")...
With
Alexandra Gao,
Jason R. Nelms
While the applicable PRC rules have been in place since 2011, Chinese investors began to utilize this approach only recently, as it has been more difficult to convert RMB into foreign currency...
With
Alexandra Gao,
Paul McKenzie
Both MOFCOM and the National Development and Reform Commission ("NDRC") have taken steps over the last three years to simplify and streamline the regulatory framework for overseas investment.
With
Lei Ouyang
On April 7, 2015, China’s State Administration of Industry and Commerce of the PRC (the "SAIC") issued the long-anticipated Provisions on the Prohibition of the Abuse of Intellectual Property Rights to Eliminate or Restrain Competition (关于禁止滥用知识产权排除、限制竞争行为的规定; the "IP Guideline"), which will come into effect on August 1, 2015.
With
Thomas Chou,
Charles Comey,
Marcia Ellis,
Paul McKenzie,
Maria Wang
On January 19, 2015, China’s Ministry of Commerce released for public comment a draft Foreign Investment Law along with an accompanying explanatory note.
With
Jonathan Gowdy,
Thomas Man
China’s Ministry of Commerce recently issued the long-anticipated Tentative Provisions on the Applicable Standards Relating to the Summary Procedure for Cases of Concentration of Business Operators.
With
Thomas Man,
Paul McKenzie,
Gordon Milner
The Ministry of Industry and Information Technology and the Shanghai Municipal People's Government on January 6, 2014 jointly issued the Opinions on Further Opening Up Value Added Telecommunication Services to Foreign Investors in China Pilot Free Trade Zone.
With
Charles Comey,
Paul McKenzie,
Y. Michelle Yuan
As many of our readers are aware, the "variable interest entity" ("VIE") structure has proven popular over the past decade as a means to facilitate the offshore financing of PRC companies doing business in regulated sectors such as the Internet and value-added telecommunications.
With
Jing Bu,
Paul McKenzie,
Gordon Milner
The Chinese Ministry of Industry and Information Technology issued a draft new Catalogue of Telecommunications Services for public comment.
With
Timothy Blakely,
Calvin Jin,
Daniel Levison
In the three months since the Communist Party of China convened its 18th National Congress in November 2012, the CPC’s new leaders repeatedly have emphasized the important policy goal of combatting corruption.
With
Xiaohu Ma,
Paul McKenzie
Today marks the coming into effect of the newly amended "Catalogue for Guidance of Foreign Investment in Industry" (the "Foreign Investment Catalogue" or "Catalogue"), issued December 24, 2011 by the National Development and Reform Commission (NDRC) and the Ministry of Commerce (MOFCOM).
With
Daniel Levison,
Paul McKenzie
China has joined a growing number of countries that are implementing new criminal laws to prohibit payment of bribes to foreign officials.
With
Panagiotis Bayz,
Dylan Budd,
Thomas Chou,
Lidong Jiang,
Xiaohu Ma,
Paul McKenzie,
Nicholas Spiliotes,
Richard Vacura
China’s State Council recently released long-anticipated guidelines, entitled the Notice on the Establishment of the Security Review System for Foreign Mergers and Acquisitions of Domestic Enterprises
With
Daniel Levison,
Kevin Roberts
As we wrote in our November 19, 2010 FCPA Client Alert, Assistant Attorney General Lanny Breuer, Criminal Division, Department of Justice, recently acknowledged that "some practitioners and others would like to see, in the FCPA area, an amnesty program similar to the one that exists in the realm of antitrust."
