The SEC's Division of Enforcement requested audit work papers and related documents from each of the four Respondents pursuant to Section 106 of the Sarbanes-Oxley Act of 2002.

On April 6, 2010, the State Council of China issued Several Opinions on Further Improving the Work of Utilizing Foreign Investment (the "Opinions").

In March of this year, China dealt a strong blow to the international investment community by abolishing certain tax holidays and exemptions.

On August 8, 2006, the Ministry of Commerce ("MOFCOM"), joined by the State-owned Assets Supervision and Administration Commission of the State Council, State Administration of Taxation, State Administration for Industry and Commerce, China Securities Regulatory Commission ("CSRC") and State Administration of Foreign Exchange, amended and released the Provisions for Foreign Investors to Merge and Acquire Domestic Enterprises (the "M&A Rules").

Hoping to attract more multinational companies to invest in Beijing, the city issued new rules in May providing financial incentives for multinational companies to set up regional headquarters (RHQ) in Beijing.

On May 30, CAC conducted a Q&A session regarding cross-border data transfer security management policies, clarifying the identification and reporting process for important data.

On May 18, 2005, the Ministry of Construction ("MOC") launched 10 standard guarantee forms on its web site for a trial run.

From its early years of heady mergers and acquisitions, Chinese outbound investment has matured, settling down into a phase of post-completion integration, management and operations.

It has been four years since China became a member of the World Trade Organisation. During that time it has implemented a number of changes to its formerly command-based economy to open up its markets to foreign investment and competition.

On August 24, 2009, the State Administration of Taxation issued Administrative Measures for Claims for Tax Treaty Benefits by Nonresidents (Trial Implementation), Guo Shui Fa [2009] No. 124 (the "Measures").

This China Newsletter provides an overview of key Q1 2025 developments in the following areas...

On February 12, 2025, the CAC issued the Rules on Compliance Audit for Personal Information Protection to implement the compliance audit requirements under the Personal Information Protection Law and the Regulation on Network Data Security Administration.

Recently, the Management Measures for Personal Information Protection Compliance Audits ("Audit Measures") have been officially introduced and will take effect on May 1, 2025.

On the 21st of January 2004, the People’s Bank of China published its draft Regulation on Administration of Auto Loans for consultation, which set out respective rules for auto loans granted to different kinds of debtors as well as for risk management

An extract from Chapter 10 of 'Chinese Commercial Law: A Practical Guide' focusing on winding-up & liquidating companies.

Passenger car retail sales in China, the world's biggest auto market, fell 80% in February because of the coronavirus epidemic, ...

The Cyberspace Administration of China (CAC) has issued the Announcement on Reporting Compliance Audit of Minors' Personal Information Protection, launched an online reporting system...

The new Company Law of the People’s Republic of China ("New Law"), which was adopted by the Standing Committee of the National People’s Congress on October 27, 2005, came into force on January 1, 2006.

On April 2, 2022, the China Securities Regulatory Commission (the "CSRC") published the revised Provisions on Strengthening Confidentiality and Archives Administration of Overseas Securities Offering...

On 27 August 2006, following a twelve year process, the Standing Committee of China’s National People’s Congress approved a new enterprise bankruptcy law. It will come into effect on 1 June 2007.