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Shares in Chinese companies can now be contributed to Chinese Foreign Invested Enterprises

China - December 12 2012 Until recently it was not possible for shareholders of Foreign Invested Enterprises ("FIEs") (such as Sino-Foreign Joint-Ventures and WFOEs) to contribute equity interest in other PRC companies to the FIE....

Diederik Maessen, Geert Potjewijd.


SAFE eases its grip on foreign exchange control over FDI and M&A

China - December 12 2012 The exchange controls relating to foreign direct investments will be greatly simplified as of 17 December 2012....

Diederik Maessen, Geert Potjewijd.


.中国(".china") domain names available for registration

China - December 12 2012 As of 29 October 2012, the domain name ".中国" (i.e. China in Chinese characters) is available for separate public registration with Latin alphabets, Arabic numerals, a combination of the two andor inserting a hyphen....

Diederik Maessen, Geert Potjewijd.


Shanghai pilots the new RQFLP program

China - December 12 2012 Institutional investors satisfying certain criteria may directly remit RMB funds raised overseas to Shanghai to set up private equity funds for private equity investments under the pilot RMB Qualified Foreign Limited Partner ("RQFLP") program....

Diederik Maessen, Geert Potjewijd.


Amendments of PRC Civil Procedure Law aim to strengthen efficiency and transparency of Chinese judicial system

China - December 12 2012 A revision of the PRC Civil Procedure Law ("CPL") that comes into force on 1 January 2013 aims to strengthen court efficiency, clarify the rules of evidence and rights of litigants, and improve judicial transparency....

Diederik Maessen, Geert Potjewijd.