The past year has been a good one for regulation in China—that is, if “more” means better.
Various bureaucracies in the country have been churning out drafts, circulars, laws, and statutes by the pound. Many have dealt with issues vital to the operation of multinationals in China: antitrust regulation, equity compensation, and more. But lawyers and accountants familiar with what’s been published warn that compliance matters may not be any more clear in 2008 than they were before.
