Not sure if the number of China bank fraud cases is increasing due to China’s declining economy or if the China lawyers at my firm are simply getting more emails on them simply because we so often blog about them, but the number of these emails definitely started accelerating rapidly a few months ago.
On April 15, 2014, China’s MIIT issued long-awaited guidance on foreign-investment in value-added telecom platforms in the Shanghai Free Trade Zone. A full analysis of the new provisions is available here.
China (nationally) recently changed its minimum capital requirements to zero. Many commentators have written on this change but none as far as I can tell have written on what it really means in concrete terms for foreign companies seeking to form a WFOE in China.
The Global Times has devoted a lengthy article on the stigma faced in China by the approximately 39 million people with dwarfism, including the severe employment discrimination which they face.
The Other Sure Finally Falls: China Issues “Administrative Measures for Verification and Registration On Overseas Investment Projects”
The National Development and Reform Commission (“NDRC”) has finally promulgated the long awaited “Administrative Measures for Verification and Registration of Overseas Investment Projects （《境外投资项目核准和备案管理办法》）” (“Order 9”).
Infected snail meat, poisonous mushrooms, goat meat marinated in duck urine to make it taste and smell like lamb – these are just some of the culinary delights that China’s food industry has served to its citizens since 2006.
If you have a China mobile number, you are no doubt getting at least one spam text a day.
One of our China lawyers got the following email this week (modified a bit to avoid any identifiers).
We have all seen the growth of Chinese investment in the U.S. hotel industry, but this is only the tip of the Chinese investment iceberg in acquiring U.S. management expertise and technology to fuel the growth of the hospitality and hotel industry in China itself.