August 2010

The State Food and Drug Administration (SFDA) published the Rules for the Filing of Domestic Non-special-purpose Cosmetics (Draft for Comment) recently, and will be open for opinions from relevant units before 26 August 2010. The draft Rules consist of 19 articles concerning the application materials of filing and the product quality control requirements for manufacturers …

SFDA Intended to Publish Domestic Non-Special Cosmetics Filing Rules Read More »

On August 5 th 2010, China’s Supreme People’s Court (SPC) issued a set of regulations providing a detailed ruling basis for cases involving foreign investment companies regarding equity transfer, anonymous investment and other procedures, which will enter into effect on August 16 th 2010. The regulations are based on General Provisions of the Civil Law, …

Supreme People’s Court Released New Provisions about Issues Involving Foreign-Invested Enterprises Read More »

—— Denied Discrimination on foreign businesses On August 12, 2010, the MOFCOM held a press conference toward anti-monopoly matters. During the meeting, the Chief of the Anti-Monopoly Bureau Shang Ming introduced the implementation of the <Anti-Monopoly Law> after its publication two years ago and answered the questions from both domestic and foreign reporters. Among all …

MOFCOM held Press Conference Read More »

In recent weeks, the Chinese baby-formula manufacturer, Synutra International (“Synutra”), has come under fire due to the allegations that some of its milk-powder products may cause premature sexual development in baby girls. It all starts from a report stating that 3 baby girls in Wuhan, Hubei province who all drink Synutra milk-powder products showed signs …

Tumult Against China-Based Synutra——alarm for U.S. Companies owning stakes in Chinese food manufactures Read More »

On April 30, 2009, the Ministry of Finance and the State Administration of Taxation (the “SAT”) jointly issued the Notice on Certain Issues of Corporate Income Tax Treatment of Enterprise Reorganizations (the “Notice”). The Notice provides corporate income tax treatment of various types of reorganizations including debt restructurings, acquisitions of equity, acquisitions of assets, mergers, …

China Clarifies Tax Rules for Enterprise Reorganizations Read More »

On July 22 nd 2010, shareholders of the direct-selling cosmetics giant, Avon Products Inc., sued its board and three former directors for their alleged failure to prevent improper payments in China. The payments which include traveling, entertaining and other expenses allegedly provided to a senior official from the Chinese Ministry of Commerce. In late 1990s, …

Avon Shareholders sue Board over improper payments in China Read More »

The China Insurance Regulatory Commission (CIRC) issued a set of “Interim Measures on the Utilization of Insurance Funds” (Measures) recently, concerning the regulation of investments of the insurers with the insurance funds. Following the Measures, CIRC also released a “Notice of the Modification of Insurance Fund Investment Policies” (Notice) on August 11, giving further details …

China Release New Rules on the Utilization of Insurance Funds Read More »

Recently, the U.S. Embassy in Beijing has issued a Travel Alert for U. S. citizens residing or traveling in China because of the ongoing threat of flooding in many places throughout the country, which expires on October 15, 2010. It is advised that U.S. citizens in the region should monitor local weather reports and use …

Travel Alert from the U. S Embassy for the ongoing threat of flooding in China Read More »

Recently, the Department of State published its Schedule of Fees for Consular Services in the Federal Register, announcing the revise of the consular fees including fees for passports, immigrant visas and other consular services. The revised fees will take effect in 301 overseas consular posts, 23 domestic passport agencies and other centers that provide these …

New Consular Fees takes effect on July 13, 2010 Read More »

On July 20th, American Citizen Services (ACS) at the U.S. Embassy in Beijing launched its first Facebook page. This is another convenient and interactive channel to improve the service of ACS for American citizens. Facebook, known as one of the biggest social network system (SNS) websites, gains its worldwide popularity ranging from the young to …

ACS Launches Facebook Page Read More »