Month: November 2018

Sino-Foreign Joint Ventures: Making business partnerships work in China

Foreign business seeking to enter the Chinese market may prefer, or even find it in their best interests, to collaborate with a local partner. Commonly, foreign businesses able to accelerate the growth of their services or goods in China do so with a local partner who has established a market presence. In this manner, the…

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The importance of supervisors in corporate governance: high trust and understanding

Under Company Law of the People’s Republic of China (revised 2018), the corporate governance of a limited liability company shall include shareholders, a board of directors and senior officers. Previously, we reflected on the corporate governance structure and responsibilities. Here, we focus on the importance of the board of supervisors or supervisor in a limited…

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Shanghai 144-hour visa-free transit policy adopts online pre-application process

From 1 November 2018, foreigners visiting China’s Shanghai-Jiangsu-Zhejiang area are now able to benefit from the 144-hour Visa-Exemption Transit online application process. The Shanghai General Station of Immigration Inspection and Shanghai Exit and Entry Bureau of Shanghai Public Security Bureau collaboratively developed the online pre-application system for 144-hour visa exemption transit. The adoption of the…

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