Practical Law China June Focus | Practical Law

Practical Law China June Focus | Practical Law

Details of Practical Law China's new and updated resources for June 2016.

Practical Law China June Focus

Practical Law UK Legal Update 4-630-3433 (Approx. 7 pages)

Practical Law China June Focus

by Practical Law China
Published on 30 Jun 2016China
Details of Practical Law China's new and updated resources for June 2016.

Speedread

This June, Practical Law China continues to publish translations of standard documents. These include Chinese language versions of core standard documents for China inbound M&A and assignment agreements for patent and trade mark. For more information on our bilingual resources, see Practical Law China bilingual content.
This month, we have published standard clauses setting out the rules employers and employees must follow during the probationary period under Chinese employment law, see Standard Clause, Employee handbook: probationary period policy.
As usual, we have also published our regular monthly roundup of key items for general counsel, GC Agenda China (see Article, GC Agenda China: June 2016) and separate legal updates for important legal and practical developments in the last month (see Legal updates) and have updated a number of materials in the light of recent developments (see Maintenance).

New content

Inbound M&A

Inbound M&A transactions between Chinese and foreign parties usually involve simultaneous work on English and Chinese-language drafts. To assist practitioners in handling these transactions, we have published the following bilingual (English-Chinese) standard documents this month:

IP & IT

Most legal drafting found in contracts and legal documents dealing with intellectual property originated in the English language. This can make it difficult for the Chinese-speaking recipients of these documents to understand, even when translated. To help practitioners parse these, we have published a series of Chinese-language translations of our China IP and IT standard documents drafted to preserve the legal effect of the original, while remaining easy to understand in the Chinese language. These can be found here:

Employment

We have published Standard Clause, Employee handbook: probationary period policy. This standard clause sets out the rules employers and employees must follow during the probationary period under Chinese employment law.

GC Agenda China: June

The new GC Agenda China is now out. GC Agenda China provides practical, specific and actionable advice on key issues for GC covering China. GC Agenda China is also a useful reference point for external counsel who need an overview of the main developments outside their own practice area.
This month's GC Agenda China covers:
  • Rules issued by State Council and MOFCOM to facilitate inbound investment by CEPA service suppliers.
  • SAPPRFT's revised rules on audiovisual program broadcast services.
  • State Council's opinions to spur development of rental housing market.
  • Draft rules on supplementary pension scheme.
  • SAFE's notice on at will conversion and use of foreign debt proceeds.
  • SAPPRFT's rules in mobile gaming industry.

Maintenance

This month, we have also updated a number of resources in areas including corporate , bribery and corruption and employment.
For details of the changes, follow the link to the resource you are interested in and click on "Show resource history" in the action box at the top right hand of the page.