Author name: wensenleke

Recently, the Beijing Higher People’s Court issued “ Guiding Opinions on Hearing Disputes over Online Copyright ,” which mandates two elements that must be present for an infringement by an internet service provider to occur.  Usually infringements are related to search engines, data storage, hyperlinks, or peer-to-peer networking.  The two necessary elements include: there must …

Beijing High Court: Guidance on the of Hearing of Internet Copyright Cases Read More »

Earlier this week a Guangzhou court conducted a criminal trial via video conference. An appeal to a robbery conviction was heard by the Guangdong High Court, the highest level judicial forum in the province. The judges and prosecutors were located in Guangzhou, while the appellant was held in Heyuan. Video conference trials present many advantages …

Video Conference Trial Conducted in Guangdong Read More »

China’s State Administration of Foreign Exchange (SAFE) recently issued a notice to clarify the registration procedures necessary for onshore banks to make direct foreign investments.  Onshore banks include policy banks, State-owned commercial banks, joint stock commercial banks, urban and rural commercial banks, and even locally incorporated foreign banks. Once an onshore bank has obtained approval …

New Rules Clarify Procedures for Outbound Direct Investments by Onshore Banks Read More »

In 2008, the China Banking Regulatory Commission announced the “Guidelines on the Risk Management of Mergers and Acquisition Loan Business of Commercial Banks.” These guidelines now allow commercial banks in China to finance M&A activities. The new guidelines have generated massive interest from Chinese commercial banks in exploring opportunities in M&A financing to support Chinese …

Outbound M&A Financing Regulations Read More »

On 25 May 2010, China’s State Administration of Taxation (SAT) issued another circular to strengthen the collection of land appreciation taxes (LAT).  Circular 53 was the second circular issued by the SAT on the subject of LAT within 10 days, following the issuance of Circular 220.  Unlike Circular 220, which only clarified certain technical issues, …

Stricter Land Tax Enforcement Coming Soon Read More »

At the close of 2009, forty-four Asian exchange-traded funds (“ETF”) were listed on the Stock Exchange of Hong Kong. In the first five months of 2010, this number has grown to sixty-two, an increase of over thirty percent. This drastic increase is representative of the robust momentum and growth potential of the ETF market. Factors …

Asian ETF Market Optimism Read More »

Recent modifications to rules and regulations by four major Chinese governmental institutions will encourage private companies to decrease the environmental impact of their operations.  The State Council’s new Opinion on Accelerating the Implementation of Energy Management Contracting to Promote the Development of Energy Saving Service Industry report provided for new rules to be issued by …

Going Green: Chinese Government to Incentivize Energy Saving EMC Projects Read More »

As marriage between citizens of different nations becomes increasingly prevalent, child custody disputes are becoming even more complicated.  With the rise in divorce rates internationally, child abduction has become a larger concern.  Courts of different countries generally do not enforce rulings of courts in other countries, meaning it is imperative for concerned parents to take …

International Child Disputes: China Read More »

By: Matthew R. Mahre – Lehman, Lee & Xu The recently announced Military and Overseas Voter Empowerment Act makes voting easier for Americans residing abroad. Starting with the November 2010 general election, states are now required to mail ballots to qualifying voters forty-five days prior to an election for federal office. Additionally, states are also …

Easier Absentee Voting for Overseas Americans Read More »

The U.S. State Department’s Bureau of Consular Affairs recently announced steep increases for 27 different fees charged for the services provided to American Citizens.  The new fees will apply at the 301 overseas consular posts, as well as the 23 domestic passport agencies and service centers. The price for a new adult passport book will …

U.S. State Department Prepares to Sharply Raise Consular Fees Read More »