The new national security review system will target foreign investment in military sectors and investment that involves obtaining actual control of important agricultural products, natural energy, heavy equipment...more
On September 19, 2020 (September 18, 2020 U.S. EDT), China’s Ministry of Commerce (MOFCOM) published the Provisions on the Unreliable Entity List (UEL Provisions), which took effect on the same date.
On May 31, 2019,...more
The fifth and final installment of a series of alerts focusing on practical issues relating to China’s new Foreign Investment Law.
Foreign investors seeking to exit from their existing foreign invested enterprises (FIEs)...more
The second installment of a series of alerts focusing on practical issues relating to China’s new Foreign Investment Law.
The two current models of foreign loans for Foreign Invested Enterprises reflect the Chinese...more
The fourth installment of a series of alerts focusing on practical issues relating to China’s new Foreign Investment Law.
China’s new Foreign Investment Law and its implementation regulations contain explicit provisions...more
The third installment of a series of alerts focusing on practical issues relating to China’s new Foreign Investment Law.
There are major differences in the requirements on corporate governance and decision-making...more
7/28/2020
/ Board of Directors ,
Capital Contributions ,
China ,
Company Law ,
Corporate Governance ,
Foreign Investment ,
Joint Venture ,
Minority Shareholders ,
Profit Sharing ,
Shareholders ,
Voting Rights
The first installment of a series of alerts focusing on practical issues relating to China’s new Foreign Investment Law.
The law institutes new reporting requirements for foreign investors....more
This series of alerts focuses on practical issues relating to China’s new Foreign Investment Law, which came into effect at the beginning of 2020.
A single new law now encompasses the three business forms that foreign...more
The PRC issues a 1,260-article, comprehensive Civil Code covering all aspects of civil and business life in China. It becomes effective on January 1, 2021.
China has passed its first-ever Civil Code, which will come into...more
6/17/2020
/ China ,
Civil Code ,
Contract Termination ,
E-Commerce ,
Environmental Policies ,
Factoring ,
Force Majeure Clause ,
Foreign Investment ,
Inheritance ,
Judicial Interpretation ,
Mortgages ,
Partnerships ,
Personal Data ,
Property Management Companies ,
Sexual Harassment
Amid stark slowdown in output growth and trade disputes with U.S., PRC authorities speed up issuance of legislation to encourage investment from abroad.
Law affirms equal legal standing of foreign-backed enterprises and...more
On June 28, 2017, the National Development and Reform Commission (NDRC) and the Ministry of Commerce (MOFCOM) of the People’s Republic of China (China) promulgated the 7th updated version of the Catalogue of Industries for...more
In order to implement the State Counsel’s decision issued on September 3, 2016 (State Counsel’s Decision), which simplifies the original substantive review and approval process (Approval System) to a new simple filing system...more
10/21/2016
/ China ,
Domestic Corporations ,
Filing Requirements ,
Foreign Acquisitions ,
Foreign Investment ,
Foreign Investment Entities (FIEs) ,
Investment Funds ,
MOFCOM ,
Private Equity ,
SAIC ,
Takeovers
As of October 1, 2016, the current substantial examination and approval process required by the approval authorities (Approval Authorities, i.e., the Ministry of Commerce (MOFCOM) or its local counterparts) for the...more
The Ministry of Industry and Information Technology Issues the First Value-Added Telecom Services License to an E-Commerce Wholly Foreign Owned Enterprise.
Background -
Historically, foreign investors were...more
On June 19, 2015, China’s Ministry of Industry and Information Technology (“MIIT”) promulgated a new policy, Opinions on Lifting Restrictions on the Foreign Equity Ratio for Online Data Processing and Transaction Processing...more
Further to the early 2014 policy that relaxed the restrictions on the foreign equity ratio in value-added telecommunications business in the Shanghai Free Trade Zone (“Shanghai FTZ”), on January 15, 2015, the Ministry of...more