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By King & Wood Mallesons

King & Wood Mallesons (KWM) has advised Chinese Kingenta Ecological Engineering Co., Ltd. (Kingenta) on its acquisition of COMPO Consumer from financial investor Triton.

Following the sale of the Expert division of COMPO last year, Triton has now sold the COMPO Consumer division to Chinese fertiliser producer Kingenta. COMPO Consumer is predominantly active in the field of manufacturing and marketing of fertilisers and pesticides, as well as potting soil, in particular in Germany and France, but also in many other European countries. The transaction is still subject to the necessary registrations in China and is expected to close early in the third quarter of 2016.
Continue Reading KWM advises Kingenta Ecologial Engineering on the acquisition of COMPO Consumer

By Customs & Trade Compliance Group, King & Wood Mallesons

1 Highlights of the New Tax Policies

China’s State Administration of Taxation, the Ministry of Finance and the General Administration of Customs released Circular on Tax Policies for Cross-border E-commerce Retail Imports (Circular) on March 24, 2016. The Circular, together with List of…

By Mark Schaub,  Chen Bing  and Martyn Huckerby, King & Wood Mallesons 

Tschaub_mhchenbingehuckerby_martyn boom in China cross-border e-commerce has been dramatic and exponential. It has led to strong share price growth of brands that have been particularly favoured by Chinese consumers.

It was always clear that the Chinese authorities would at some stage seek to better regulate cross-border e-commerce and two recent rules coupled with stronger implementation have caused concerns as to whether the e-commerce boom will continue in the future. 
Continue Reading New Challenges in China Cross-border E-commerce

By Susan Ning, Zhifeng Chai, Weiqing Qiu and Lingbo Wei King & Wood Mallesons’ Commercial & Regulatory Group

Iuntitlednchai_zhifeng recent years, there is an increasing awareness among companies to notify the concentration of business operators before the closing of transaction to ensure the antitrust compliance. By summarizing and analyzing related merger control data of the first quarter in 2016, we hope the below article could provide an overview of the recent merger control enforcement in China.

According to the notice published on official website of Ministry of Commerce of P.R.C. (“MOFCOM”) on April 6, MOFCOM has cleared 81 cases without imposing additional conditions during the first quarter of 2016. The number of cases is increased by 30.6%, when compared with the number of cases cleared during the same period of 2015.
Continue Reading A Review of MOFCOM’s Merger Control Enforcement in the First Quarter of 2016

By Jiang Junlu and Wang Zhaogang King & Wood Mallesons’ Commercial & Regulatory Group

Cjiang_junluhina once again enters NPC and CPPCC sessions (Two Sessions) time in March.

During “Two Sessions” last year, Jiang Weidong and other 29 deputies, with Liu Li and other 30 deputies proposed two bills suggesting the Employment Contract…

By Lucy Lu and Ding Wu King & Wood Mallesons’ Commercial & Regulatory Group

T陆慧文he Rules for the Administration of Employment of Foreigners in China, promulgated by former Labor Ministry, Public Security Ministry and Ministry of Foreign Affairs, is an old provision since 1996 without any revision. Recently with the internationalization of the…