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Sector primers Internet

Orrick Herrington & Sutcliffe LLP
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China
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March 1 2012

The Internet, e-commerce and new media industry sectors in China are highly regulated, and foreign participation is restricted

China’s MOFCOM releases list of unconditionally approved notifications of concentrations

Orrick Herrington & Sutcliffe LLP
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China
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December 3 2012

On Nov. 16, 2012, China’s Ministry of Commerce released the latest data on unconditionally approved notifications of concentrations

People’s Bank of China clarifies the operation details of RMB settlement for foreign direct investment

Orrick Herrington & Sutcliffe LLP
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China
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August 1 2012

On June 14, 2012, the People’s Bank of China issued the Notice on Clarifying the Operation Details of Renminbi Settlement for Foreign Direct Investment

NDRC implements mandatory filings of RMB funds in six pilot locations

Orrick Herrington & Sutcliffe LLP
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China
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February 23 2011

On 31 January 2011, the National Development and Reform Commission (the NDRC) of China issued the Circular on Further Regulating the Development, and the Administration on Filings, of Equity Investment Enterprises in Pilot Areas (the Circular

National security review of mergers and acquisitions in China by foreign investors

Orrick Herrington & Sutcliffe LLP
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China
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February 16 2011

On February 3, 2011, the State Council of the People's Republic of China (PRC) issued a new regulation to implement the requirement for national security reviews of mergers and acquisitions involving domestic enterprises by foreign investors

NDRC delegates power to approve certain outbound investments to its provincial counterparts

Orrick Herrington & Sutcliffe LLP
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China
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April 1 2011

On 14 February 2011, the National Development and Reform Commission (the NDRC) of China issued the Circular on Doing a Good Job in Delegating the Examination and Approval Power for the Outbound Investment Projects (the Circular), under which the NDRC delegates power to approve outbound investments within certain thresholds to its provincial counterparts (the Provincial Authorities

Draft of revised foreign investment catalogue

Orrick Herrington & Sutcliffe LLP
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China
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April 28 2011

On 1 April 2011, the Legislative Affairs Office of China's State Council (the "Office") released a consultation draft of a revised Foreign Investment Industrial Guidance Catalogue (the "Draft Revised Catalogue") which, if adopted, would change the Foreign Investment Industrial Guidance Catalogue (2007 version) (the "2007 Catalogue"

MOFCOM’s promulgation of M&A security review rules

Orrick Herrington & Sutcliffe LLP
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China
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December 1 2011

On Aug. 25, 2011, the Ministry of Commerce (MOFCOM) promulgated the final version of the Implementing Rules for Security Review System on Mergers and Acquisitions of Domestic Enterprises by Foreign Investors (“Implementing Rules”), replacing the provisional rules issued on March 4, 2011

2011 review

Orrick Herrington & Sutcliffe LLP
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China
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January 12 2012

The end of 2011 marks the close of a turbulent and active year for Asia's legal and business community

MOFCOM circular on RMB cross-border direct investment

Orrick Herrington & Sutcliffe LLP
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China
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October 21 2011

On October 14, 2011, MOFCOM released its Circular on Issues Relating to RMB Cross Border Direct Investment dated October 12, 2011 (the "Circular"

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