Daniel Shih, Chief Ethics Officer, Senior Vice President and General Counsel for Walmart China juggles his legal functions and ethical obligations with crisis management on a day to day basis. Working at the world’s largest public corporation means that he has to adopt a risk-based approach to prioritise the issues and be ready and switched on at all times. Here he tells ASIAN-MENA COUNSEL how his career has arced its way through a myriad of fields including capital markets and telecommunications before landing this blue-chip role with the top Fortune 500 company.
The State Administration of Foreign Exchange (SAFE) released a circular on Reforming the Administration of the Settlement of Foreign Exchange Capital of Foreign-invested Enterprises which further promotes discretionary settlement of foreign investment enterprises’ foreign exchange capital nationwide. The circular take effect on 1 June 2015.
Indivdual taxpayers with an annual income of
RMB120,000 or more shall file an annual individual income tax return with the within three months of the beginning of the next year.
The Shanghai Municipal Human Resources and Social Insurance Bureau and Shanghai Superior People’s Court jointly issued the Meeting Minutes on Application of
Law on Labour Dispatch on 31 December 2014.
The Supreme People's Court of the PRC published the Regulations for Certain Issues Concerning the Application of Law Relating to Arrest and Auction of Ships which took effect on March 1, 2015.
China has committed to allow Australian insurance providers access to China’s lucrative statutory third-party liability motor vehicle insurance market.
The New Rules adopt both best practices and the latest developments in international commercial arbitration and accommodate the increasing needs of the parties arbitrating at CIETAC.
The Regulations define the general framework of work-related injury matters, including the scope of work-related injuries, verification of the injury, and obligations and liabilities of employers, amongst other aspects.
Our IP & TMT Report includes Anjie Law Firm's article 'China makes detailed liability rules available for social media' and the 'WWE v. Reshma' case study, courtesy of Anand & Anand. We also get insights from in-house lawyers Ronald Yu and Kenneth Yip, as they discuss 'A new way to look at IP' and 'The case for having an in-house patent engineer', respectively.
As of 1 September 2014, the new judicial opinion of the China's Supreme People’s Court concerning work-related injuries (the “Opinion”) came into force
