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New Development Of PRC Social Insurance: Foreign Investors And Expatriates Beware
After being reviewed four times in three years, the Social Insurance Law of the People’s Republic of China (the “Social Insurance Law”) was finally adopted by the Standing Committee of the National People’s Congress of China on 28 October 2010. Its implementation rules (...
Read MoreNew Legal Regime Of Representative Offices In China - Practical Implications
Early last year, the State Administration for Industry and Commerce ("SAIC") and the Ministry of Public Security ("MPS") of the People's Republic of China ("PRC") jointly issued a Circular on Further Strengthening Administration of the Registration of Resident...
Read MoreInsurance Litigation In China
Deacons' PRC Insurance Litigation practice group has recently advised on a litigation matter between a Chinese insurer and a foreign insured in respect of a claim dispute under Chinese jurisdiction. This article reviews several key issues regarding insurance litigation in Mainland China. Facts...
Read MoreKey Employment Tips For China Operations
A number of laws and regulations have been promulgated in the past few years to introduce a series of changes to the existing PRC Labour Law, among which the key legislations are the PRC Labour Contract Law effective on 1 January 2008 and its detailed implementing regulations effective on 18...
Read MoreAn Update On The Opportunities For Foreign Investment In The Distribution Sector In Mainland China
China has traditionally restricted foreign investment in the retail and wholesale sectors with the aim of nurturing strong domestic players before their foreign counterparts would be allowed to enter the country. Since becoming a member of the World Trade Organisation on 11 December 2001, China...
Read MoreAn Overview Of China's New Anti-monopoly Law And Its Relevance To Foreign Investors
China's Anti-monopoly Law ("AML") became effective on 1 August 2008. This new piece of legislation has attracted attention worldwide because of its potential impact on foreign investments in China. This article will outline the key activities prohibited by AML and explain how AML will affect...
Read MoreDisclosure Of Interests In Hong Kong Listed Securities
As a consequence of the complexity of Hong Kong's disclosure of interests regime, local substantial shareholders and global investment houses alike frequently fall foul of its provisions. Even robust monitoring and reporting systems can fail to cater to idiosyncrasies of the Hong Kong regime. It...
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