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China Securities Regulatory Commission Responds to Foreign Asset Managers’ FMC Applications

Feedback on recent applications to the China Securities Regulatory Commission provides some clarity on what will be expected from foreign asset managers wishing to establish fund management companies in the Chinese domestic...more

Cross-Border Transactions Caught at the Crossroads: Navigating the Global Covid-19 Crisis through Force Majeure Provisions

The coronavirus (COVID-19) pandemic has had sweeping effects around the world, and in this era of globalization, business transactions that span multiple jurisdictions and markets have fallen prey to new and unexpected risks...more

China Continues Steady Opening Up of Financial Services Sector

A recent announcement by Chinese authorities includes removing caps on foreign ownership in the financial services sector, and sets a clear roadmap to implement the reforms aimed at expanding foreign investment in China....more

Tax Implications For Real Property Leasing

Reforms to China’s value-added tax raise issues that landlords should consider when designing leasing structures and negotiating rental terms. On May 1, 2016, China’s value-added tax (VAT) replaced the business tax in...more

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