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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In recent years, e-commerce has boomed in China. And with the upcoming Singles’ Day, promoted annually by Chinese e-commerce giant Alibaba and held on 11 November, we’re going to once again witness the power of e-commerce spending. The event, billed as ‘anti-Valentine's Day’ where Chinese singletons go on a global online shopping spree, last year rung…
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From 16 July 2018, travellers to and from Hong Kong are now required to declare cash sums larger than HK$120,000. The Hong Kong Security Bureau announced the Cross-boundary Movement of Physical Currency and Bear Negotiable Instruments Ordinance in 2017 to tackle funds arriving in Hong Kong from illegal sources such as money laundering and terrorist…
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