China Legal Blog
Aggregated China Law Information

You’ve heard me complain about China’s holiday schedule before. We all do it, at least twice a year, but it does bear repeating. Why? Two reasons: 1) anything that is misleading or incorrect should be fixed; and 2) it pisses me off that my colleagues in other countries think I am getting seven additional days […]

Suzhou, Jiangsu province-based cloud computing optical transceivers maker InnoLight Technology Corporation says it has completed US$38 million series C financing led by Google's investment arm Google Capital and Chinese venture firm Lightspeed China Partners. This is Google Capital's first investment in China, and its second in Asia. Established in 2008, InnoLight received initial funding from […]

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Asia-focused private equity fund-of-funds (FoF) firm Asia Alternatives Management LLC has raised US$148 million for its fourth fund, according to media reports. Representatives of Asia Alternatives did not respond to request for confirmation of the news. It is unclear which round of closing it is. The firm currently manages three funds. Asia Alternatives Capital Partners […]

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Baker & McKenzie: New Compliance and Disclosure Requirements for Your China Subsidiaries bit.ly/1wTohqF – summary of 2014 changes © @chinahearsay for China Hearsay, 2014. | Permalink | No comment | Add to del.icio.us Post tags:

A Look at Just How Much China’s Housing Downturn Could Hurt GDP – China Real Time Report – WSJ on.wsj.com/ZmpAUf © @chinahearsay for China Hearsay, 2014. | Permalink | No comment | Add to del.icio.us Post tags:

USCBC 2014 China Business Environment Survey Results | US China Business Council bit.ly/1nCHBbF © @chinahearsay for China Hearsay, 2014. | Permalink | No comment | Add to del.icio.us Post tags:

Is John Oliver A Journalist? « The Dish bit.ly/1mJdr5W — couldn’t agree more © @chinahearsay for China Hearsay, 2014. | Permalink | No comment | Add to del.icio.us Post tags:

Police have arrested a 70-year old driver after his truck reportedly struck and killed an 89-year-old woman in Sheung Shui today.

 

The accident happened at about 8.30am near the entrance of Wah Sum Estate as the woman was crossing the road.

 

She sustained serious injuries and was sent to North District Hospital where she died about 9am.

 

The driver was arrested for dangerous driving causing death.

 

Witnesses should call Police on 3661 3800.

 A van crashed into a truck in Wan Chai this afternoon, killing the 62-year-old van driver.

 

The van was travelling along Convention Avenue eastbound, and crashed into the truck near Wan Chai Ferry Pier.

 

The unconscious driver was rushed to Ruttonjee Hospital where he later died. 

 

Witnesses should call 3661 1620.

Here's an excellent and insightful op-ed by Prof. James Millward of Georgetown, a Xinjiang expert.

The People’s Bank of China (PBoC) announced it will start RMB to Euro direct trading on China Foreign Exchange Trade System (CFETS) tomorrow on September 30. The direct conversion aims to promote bilateral trade and investment, as well as to reduce forex-related costs. Since the Euro is one of the G3 currencies and is the […]

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Hangzhou-based Chinese e-commerce giant Alibaba Group Holding Ltd. has agreed to acquire a 15% stake in Shenzhen-listed Chinese hospitality technology provider Beijing Shiji Information Technology Co., Ltd. for RMB2.81 billion ($457 million), according to a regulatory filing to the Shenzhen Stock Exchange. This is the first major investment announced by Alibaba after its record-breaking US$25 […]

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China Wants to Know Why Foreigners Are Fleeing Beijing | WSJ on.wsj.com/1rEkeOM — sounds like a waste of time © @chinahearsay for China Hearsay, 2014. | Permalink | No comment | Add to del.icio.us Post tags:

U.S. chip maker Intel Corporation has agreed to invest up to RMB9 billion (US$1.5 billion) for approximately 20% of the holding company under Tsinghua Unigroup, a mobile chip maker and a subsidiary funded by China's Tsinghua University, according to a joint announcement. As part of the deal, the two parties will expand the product offerings […]

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The real estate investment arm of U.S. asset management firm BlackRock Inc. has completed the sale of a high-rise office building in London to a group of Asian investors led by Hong Kong-based private equity real estate firm Gaw Capital Partners for £191million (US$310 million), according to a company announcement. (click here to see Gaw […]

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A looser grip for Beijing’s heavy hand | FT on.ft.com/1vqeuIy — Nick Lardy on China’s private sector © @chinahearsay for China Hearsay, 2014. | Permalink | No comment | Add to del.icio.us Post tags:

The author is ANZ's senior economist Raymond Yeung Over the weekend, Benny Tai, the founder of Occupy Central (OC) and a law professor at University of Hong Kong, and other members of the campaign announced to commence the campaign, an political movement demanding for "civic nomination" when universal suffrage is allowed in the Chief Executive […]

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The rise of China and the future of US manufacturing | vox bit.ly/ZjKN12 — focus is on trade effects not policy responses © @chinahearsay for China Hearsay, 2014. | Permalink | No comment | Add to del.icio.us Post tags:

Wang Xiaoye, one of China’s leading experts on competition law, says foreign companies that feel wrongly accused of antitrust behavior need to take their cases to Chinese courts. Most so far have been prepared to accept fines from the authorities, rather than to appeal their cases in the courts, and some have expressed fears privately […]

Newly armed police in China | Washington Post wapo.st/ZjIQlm — I worry about the long-term effects of this policy © @chinahearsay for China Hearsay, 2014. | Permalink | No comment | Add to del.icio.us Post tags:

Alibaba Approved To Establish Its Own Bank | China Money Pod bit.ly/1voNF6B — makes sense, I guess © @chinahearsay for China Hearsay, 2014. | Permalink | No comment | Add to del.icio.us Post tags: