Tag: china

CHINA | Determining a Concentration of Undertakings

Effective from 15 April 2023, the State Administration of Market Regulation issued four Provisions supplementing the Anti-Trust Law of the People’s Republic of China (‘Anti-Trust Law’). Provisions on the Review of Concentrations of Undertakings; Provisions on the Prohibition of the Abuse of Administrative Power to Exclude or Restrict Competition; Provisions on the Prohibition of Monopoly…

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CHINA|Managing Employees with COVID-19 Under Class B

Under class B, employees diagnosed with COVID-19 should be managed under the company policy for sick leave. Companies can determine work from home according to the individual’s symptoms. Though it is essential to establish policies to manage employees’ sick periods and work resumption efficiently.  With the downgrade companies should transit from epidemic prevention to standard…

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CHINA | Second Draft Revision of Company Law

Significant revisions in the second draft revision of Company Law improve corporate governance and standardise market order. The Company Law of the People’s Republic of China (Revised 2018) was revised and published in 24 December 2021 for public comments. A year later, the second draft revision of Company Law (‘Second Draft’) was released on 30…

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