SAFE empowers local bureaus to approve 10 capital account forex categories, boosting inbound capital flows.
Archived Post for "Insights"
China News Alert Issue 288
China to allow foreign listings on SSE and expand derivatives, supporting Shanghai’s global finance goals.
Decision 55-2009-Qd-Ttg – New Regulations on Foreign Ownership of Vietnamese Companies
As of 1 June 2009, foreign ownership limits in public companies will be capped at 49%. The Prime Minister of Vietnam has signed Decision 55/2009/QD-TTg (“Decision 55”), dated 15 April 2009, on Foreign Ownership…
China News Alert Issue 287
CSRC’s Yao Gang confirms IPO restart post-reform; Chinese firms largely shielded from global crisis.
The Turner Review and Discussion Paper – a Regulatory Response to the Global Banking Crisis
On 18 March 2009, the Financial Services Authority (FSA) published a Review of the global banking crisis, conducted by Lord Turner, Chairman of the FSA (the “Review”) along with the FSA’s Discussion Paper 09/2…
China News Alert Issue 286
CBRC and CIRC approve pilot allowing major state banks to establish insurance subsidiaries.
China News Alert Issue 285
Shanghai and Pearl River Delta cities cleared for yuan-based overseas trade settlement under State Council plan.
China News Alert Issue 284
China unveils rules for new growth board, paving way for tech startups to list from May 1.
China News Alert Issue 283
CSRC mandates fund manager registration post-exam; job-hoppers barred if changed firms twice in 2 years.
Chinas Ministry of Commerce Rejects Coca-Colas Bid to Acquire China Huiyuan Juice Group
China’s Ministry of Commerce (“MOFCOM”) announced on 18 March 2009 that it has rejected Coca-Cola Company’s (“Coca-Cola”) US$2.4 billion (HK$19.65 billion) bid to acquire China Huiyuan Juice Group Limited (“Huiyuan”)…