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China: Foreign-Funded Telecom Companies Rules Modified

(Sept. 29, 2008) On September 10, 2008, the State Council, China's Cabinet, promulgated amended Provisions on Administration of Foreign-Funded Telecommunication Enterprises, effective immediately. The purpose of amending these Provisions, originally adopted in 2002, was to adapt to the need to open up the industry and provide favorable conditions for its development. The Provisions apply to […]

China: Detention to Be Applied for Discharging Pollutants

(Sept. 25, 2008) On August 6, 2008, China's Ministry of Environmental Protection posted on its official website a notice to circulate the Opinion on Application of Administrative Detention for Discharging Illegal Pollutants, issued by the Legislative Affairs Office of the Standing Committee of the National People's Congress (NPC Opinion). (Huan Fa [2008] No. 62, http://www.mep.gov.cn/info/bgw/bwj/200808/t20080806_127000.htm […]

China: Protection of Domestic Animals’; Genetic Resources

(Sept. 17, 2008) On August 28, 2008, China's State Council promulgated the Measures of the People's Republic of China on the Examination and Approval of the Import and Export of Livestock and Poultry Genetic Resources and of Their Utilization in Cooperative Research with Foreigners. The Measures go into effect on October 1. For the definition […]

China: Foreign Exchange Regulations Revised

(Sept. 11, 2008) On August 5, 2008, the State Council of the People's Republic of China (PRC) published the revised Regulations on the Administration of Foreign Exchange, which took effect on the same day (Chinese text available on the PRC Central People's Government official website, http://202.123.110.5/zwgk/2008-08/06/content_1066085.htm (last visited Aug. 25, 2008)). The Regulations, first promulgated […]

China: New Department to Monitor Overseas Assets

(Sept. 8, 2008) China's National Audit Office (NAO), a ministry under the State Council (Cabinet), recently set up a new Overseas Audit Department to strengthen the auditing of overseas state-owned assets and curtail fraud in that sector. The assets, whose value is estimated to be more than 100 billion yuan (about US$14.8 billion), are held […]

China: Regulations on Recycling Electronic Waste

(Sept. 5, 2008) On August 20, 2008, after years of debate on the issue, China's State Council (Cabinet) Standing Committee approved in principle the draft Regulations on the Administration of Recycling and Treatment of Discarded Appliances and Electronic Products. The Regulations stipulate that the government will establish a mechanism to encourage recycling and centralized treatment […]

China: Anti-Monopoly Law Took Effect, Merger Filing Thresholds Published

(Aug. 27, 2008) On August 1, 2008, the Chinese Anti-Monopoly Law (AML) entered into force. The law, dubbed “the constitution for the market economy,” was promulgated by the Standing Committee of the National People's Congress on August 30, 2007, after 14 years of debate. (AML, 6 STANDING COMM. NAT'L PEOPLE'S CONG. GAZ. 517-523 (P.R.C.) (2007), […]

China: Open Government Regulations Take Effect

(July 2, 2008) China's new Regulations on Open Government Information took effect on May 1, 2008; they were issued by the State Council a year earlier, on April 5, 2007. As the U.S. Congressional-Executive Commission on China (CECC) points out, adoption of such provisions is not entirely new, as “over 30 provincial and city-level governments […]

China; Sudan: Eight Agreements Signed

(July 2, 2008) It was reported on June 13, 2008, that, according to Sudan's Finance Minister Dr. Awad al-Jaz, China and Sudan have pledged to develop their partnership. To that end, the two sides signed eight agreements and preferential loans worth 160 million yuan (about US$23.2 million), as well as an agricultural cooperation protocol that […]

China; Taiwan: Reunification Talks Resume After Almost a Decade

(July 2, 2008) The Chairman of the Association for Relations Across the Taiwan Strait (ARATS) of the People's Republic of China (PRC) and the Chairman of the Straits Exchange Foundation (SEF) of the Republic of China (on Taiwan, ROC) resumed talks on cross-strait relations on June 12, 2008, in Beijing, nearly a decade after their […]