Weekly Industry News – China & Singapore: Legal, Regulatory and Compliance

China & Singapore – the latest on China’s new consumer protection law, China’s official Yang Gang investigation and more.

China’s New Consumer Protection Law: Dramatic Changes Ahead by Max Gu, and Amy Sommers Published on jdsupra.com

On October 25, 2013, China’s President and Chairman of the Communist Party of China Xi Jinping signed off on the long-expected revised Law on the Protection of Consumer Rights and Interests (the “New Consumer Law”), which is believed to be the first major national overhaul on the consumer protection legislations in two decades…  [ Read More ]

China to Blacklist Health Firms Implicated in Bribery by LAURIE BURKITT Published on WSJ.com

China’s health regulators are rolling out a corporate blacklist for drug and medical-device companies implicated in commercial bribery, a move aimed at stamping out corruption in the country’s graft-ridden health-care sector…      [ Read More ]

China official Yang Gang investigated for corruption by BBC News Published in BBCNews.com

China is investigating a top political adviser and former deputy Communist Party chief in Xinjiang for corruption, the party’s discipline watchdog says. Yang Gang, who is currently deputy director of an official economic committee, is being probed for “serious disciplinary and legal violations”…       [ Read More ]

   

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