Category Archives: Other

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China Corruption & White Collar Crimes Watch: China Strengthens Supervision Over Civil Servants

In a June 2011 report issued by the People’s Bank of China (and as prepared by the China Academy of Social Sciences) the PRC government found 18,000 Party and government officials fled the country since 1990 with over US$120 billion in government funds missing. The leadership has had significant challenges in stamping out corruption at … Continue Reading

China Adopts Procurement Policies for SMEs

On January 6, 2012, the Ministry of Finance (MOF) and the Ministry of Industry and Information Technology (MIIT) issued a joint statement outlining a number of preferential procurement policies for small- and medium-sized enterprises (SMEs) to boost their development. Government agencies usually prefer larger companies and well-known brands during the procurement process, and SMEs have … Continue Reading

Doing Business at ART HK: Better, Bigger, Faster, Stronger

On the verge of becoming an international institution, the recent Hong Kong International Art Fair, known as "ART HK," represents an exciting development in the state of the art world in China. This growth has critical, yet profoundly inspiring, implications upon the international art community.  Since its humble beginnings in 2008, ART HK has shown … Continue Reading

China Restricts Growth of Polysilicon Industry

On December 31, 2010, China’s Ministry of Industry and Information Technology (“MIIT”), National Development and Reform Commission (“NDRC”) and Ministry of Environmental Protection issued a joint circular setting a limit on the number of new projects the government will approve in the polysilicon industry.… Continue Reading

China to Solicit Public Opinions On Administration of Enterprise Annuity Funds

The Ministry of Human Resources and Social Security recently issued the Measures for the Supervision and Administration of Enterprise Annuity Funds (Draft) (“the Draft”) and sought public comments on the Draft. The Draft amended the currently effective Interim Measures for the Administration of Enterprise Annuity Funds in several important respects, as highlighted below:… Continue Reading

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