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The Supreme People’s Procuratorate and Ministry of Public Security have jointly published the “Provisions concerning the Supervision of Opening Criminal Cases (Trial)” which will become effective throughout China from 1 October 2010. The Provisions, with the intention of assuring the proper use of the procuratorates’ power, introduce a mechanism handling criminal cases wrongfully or unlawfully …

Rules On Supervising Establishment Of Criminal Cases Issued Read More »

Ivanhoe Mines announced its results for the quarter ended June 30, 2010 on August 16, 2010. Ivanhoe Mines Ltd., being one of the most prosperous mine enterprises in Mongolia, is focused on the development of its discoveries in the Asia Pacific region. The second quarter review has shown its status of development in its business. …

IVANHOE MINES ANNOUNCES FINANCIAL RESULTS AND REVIEW OF OPERATIONS FOR THE SECOND QUARTER OF 2010 Read More »

The Mongolia Investment Summit 2010 will be held on 23-25 November at Royal Garden Hotel, London, UK. The Summit, which government officials, Mongolian businesses will together discuss the opportunities and risks surrounding investing in Mongolia, has attracted plenty of outstanding entities in and out of Mongolia. Lehman, Lee & Xu, as the largest law firm …

Lehman, Lee & Xu promoting and attending the Mongolia Investment Summit Read More »

Lehman, Lee & Xu – August 19, 2010 In September 2010, Stanford University Press is expected to publish a new book named Foreign Firms, Investment, and Environmental Regulation in the People’s Republic of China. Its author Phillip Stalley, who is an assistant professor of Political Science at DePaul University in Chicago, centers the book with …

Stanford University Press is to Publish New Book on Foreign Firms’Investing in China Read More »

On August 12 2010, in accordance with the provisions of the Food Safety Law, and based on thorough examination and verification by the Expert Appraisal Committee for Novel Foods, three substances (sucrose polyester, corn oligopeptide powder and phosphatidylserine) are to be approved as novel foods. The Ministry of Health has recently published a notice to …

MOH Consults Public on Novel Foods to Be Approved Read More »

August 18, 2010 — Minnesota Governor Tim Pawlenty will be visiting Shanghai in Mid-September and has already been invited to an exclusive luncheon  by AmCham Shanghai on Monday, September 13. As a long-time member of AmCham Shanghai, Lehman, Lee & Xu China law firm warmly welcomes the Governor to Shanghai. The Governor will share his …

Lehman, Lee & Xu China law firm welcomes Governor to Shanghai Read More »

In order to further clarify the work relating to the intensification of energy saving and emission reduction to speed up the structural adjustment of the iron and steel industry, the Ministry of Industry and Information Technology (MIIT) has recently released a notice specifying relevant issues. A. Reinforce impelling the merger and reorganization of the iron …

MIIT Further Controls Iron & Steel Industry for Environmental Purposes 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 »

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 »

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 »