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A summary is presented of the Business Rules for Super Short-term Commercial Paper of Non-financial Enterprises in the Interbank Bond Market, promulgated by the National Association of Financial Market Institutional Investors of China on December 21, 2010.

The article reports on the issuance of guidelines by China's Ministry of Commerce (Mofcom) related to merger control application under the country's Anti-monopoly Law (AML). The guidelines include Guiding Opinions on Document and Information Required for Reporting of Concentrations of Business Operators, Anti-monopoly Reviews for Concentrations of Business Operators, and a Flowchart for Anti-monopoly Reviews for Concentrations of Business Operators.

The article offers comments on "Made in China 2025," a paper issued by the State Council of China on May 8, 2015 that lays down China's 10-year plan for becoming a manufacturing superpower.

The article presents updates on business in China as of November 2013. Online users in the Shanghai Free Trade Zone have the chance to access sites blocked like social networking sites. An update on the dispute between the U.S. Public Company Accounting Oversight Board and Securities and Exchange Commission with the Chinese regulators over audit working papers is given. The speech by acting U.S. Patent and Trademark Office Director Teresa Stanek Rea has been posted by the China IPR Blog.

The Big Four accounting firms have ignored requests to submit auditing papers to the US Securities and Exchange Commission because it violates Chinese law, but as Paul Gillis points out, China will lose out unless a compromise is found [ABSTRACT FROM AUTHOR]

The article focuses on the Measures on the Pilot Asset Management Business of Futures Companies from the China Securities Regulatory Commission. Criteria that futures companies need to fulfill to qualify for the pilot asset management business are given, one is to have a net capital of at least 500 million renminbi. Article 9 states that the initial entrusted assets of single clients need to be at least one million renminbi. Investment scope includes futures, options and central bank paper.

The article offers tips from Gary J. Gao of Duan & Duan Law Firm, and Barker & McKenzie's Harvey Lau and Charles Chen, on forming a wholly foreign-owned enterprise (WFOE) in China. WFOE are required under Chinese laws to comply with foreign exchange regulations administered by the State Administration of Foreign Exchange (Safe). Foreign companies and investors are also encouraged to complete all paper works related to banking transactions in the country.

The article discusses the need of foreign investors in China to re-examine their supply chains and manufacturing operations to prepare for changes in tax policies. It states that the Ministry of Commerce (MOC) plans to reduce the tax rebates in some industries including apparel, paper, steel and textile. On the other hand, the industries which are expected to benefit from the plan of the agency include high-technology, bio-technology and information technology.

The article focuses on the consultation paper from the Financial Services and Treasury Bureau. The Hong Kong government releases the consultation paper on January 28, 2010 that will facilitate the corporate rescue regime and provide an alternative to liquidation or informal restructuring. The consultation paper will explore comments made by industry members on enforcement duration, director liability, and compensation of employees.

The article reports on the proposed changes to Hong Kong, China's arbitration law. In a consultation paper published by the Hong Kong government, proposals are made to remove the distinction between domestic and international arbitrations and to adopt the United Nations' (UN) Model Law on International Commercial Arbitration as the basis for the unified regime. The new law retains some domestic features, which include appeal on a point of law where parties expressly agree to this in their arbitration agreements.