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China has released its first comprehensive draft law targeting cross-border corruption, establishing new processes for international cooperation in investigations and imposing compliance obligations on companies engaged in cross-border business. The Draft Anti-Cross-Border Corruption Law introduces a coordinated enforcement model led by the National Supervisory Commission and incorporates counter-sanctions provisions, raising critical questions about how foreign companies and their Chinese subsidiaries will

When penalising or dismissing senior management found to have violated disciplinary or corporate rules, employers often need to formulate and implement a more meticulous action plan than that required for ordinary staff.

The Supreme People's Court issued the Interpretation (II) of the Supreme People's Court on Issues Concerning the Application of Law in the Trial of Labor Dispute Cases...

The PRC State Council issued several amendments to the foreign banks regulations, effective from January 1.

As part of an ongoing effort to curtail domestic corruption, the Chinese government continues to tighten regulations governing the commercial prepaid card market.

Shanghai quietly launched a new pilot programme, RMB Qualified Foreign Limited Partner (RQFLP), towards the end of 2012 to permit qualified foreign fund managers and asset management companies to raise offshore RMB from offshore investors to invest in RMB private equity funds set up in Shanghai.

2009 proved to be a pivotal year in China's regulatory development of its nascent private equity market.

Previously, overseas lenders found it difficult to get a PRC entity to guarantee or provide onshore security for loans made to that PRC entity's offshore affiliate.

Develoments in civil liability arising from false statements in securities markets.

Multinational pharmaceutical and medical device companies conducting clinical trials in China have been facing new challenges in the year since the Regulation on Human Genetic Resources...

On 21 September 2012, the Ministry of Commerce promulgated the "Interim Provisions of the Ministry of Commerce on Capital Contribution in the Form of Equity Interests Relating to Foreign-Invested Enterprises".

To encourage inflow of foreign funds into China's securities market, the State Administration of Foreign Exchange has relaxed its regulatory regime on qualified foreign institutional investors since 3 February 2016.

As a growing number of listed companies seek to revamp their creditor-debtor relationships through bankruptcy, prior listing rules at both Shanghai and Shenzhen stock exchanges have become inadequate...

In May 2019, China's Banking & Insurance Regulatory Commission (CBIRC) published two formal determinations (Determinations) via its official website.

Meet Sunny Su, a Principal and Head of Digital and Commercial at Lusheng Law Firm, whose career journey uniquely blends Chinese tradition with international legal expertise. How has her unconventional path—from studying abroad while raising a young son to leading complex IP commercial matters—shaped her approach to both professional practice and family life? Discover how traditional Chinese family support systems enabled her independent career choices and global perspective.

On January 19, 2024, the Select Committee on the Chinese Communist Party ("China Select Committee") published a letter to Department of Homeland Security Secretary...

Establishing a Representative Office continues to be a popular approach for foreign companies to establish a presence in China. While this office cannot engage in commercial activities such as trade, services or manufacturing, it does allow for the hiring of local employees (indirectly) and expatriates (directly) who can engage in liaison and marketing, and it gives the foreign company means to have an office and pay expenses directly in China.