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19 Aug 2021, 9:30 am
There, Tencent won some RMB 600,000 ($92,400) in damages. [read post]
18 Aug 2021, 5:15 am
Penalties CII operators may be subject to various penalties for failure to comply with the security obligations, including orders for rectification, warnings, administrative fines of up to RMB 1 million or 10 times the price of the product or service procured by it. [read post]
10 Aug 2021, 9:03 am
This time around, Douyin’s parent company, ByteDance, is ordered to pay RMB 600,000 ($92,000) in damages. [read post]
31 Jul 2021, 9:16 am
You may have noticed that in the past, the United States has always said that China manipulated the RMB exchange rate and artificially lowered the RMB exchange rate. [read post]
13 Jul 2021, 10:11 am
Violations could trigger significant fines of up to RMB 10 million (approximately $1.56 million). [read post]
9 Jul 2021, 12:05 am
Within 48 hours after receiving the Huawei’s application for an anti-suit injunction, the SPC granted the injunction to prohibit Conversant from applying for enforcement of the German judgment; if Conversant failed to comply with the injunction, a fine (RMB 1 million per day) would be imposed, accumulating day by day since the date of breach. [21] Conversant applied for a reconsideration of the anti-suit injunction, and it was however rejected by the SPC eventually. [22] The… [read post]
24 Jun 2021, 3:58 am
For example, a failure to notify the Bureau of a change in registered address carries a fine of RMB 10,000 to 100,000. [read post]
11 Jun 2021, 5:58 pm
For serious violations, the amount of fines can be increased to RMB 10,000,000. [read post]
10 Jun 2021, 5:01 am
In 2017, Kashi Galaxy agreed to repurchase that interest for RMB 200 million, an agreement that Kashi Galaxy allegedly breached by paying only part of the repurchase price. [read post]
16 May 2021, 3:58 am
The Chinese manufacturer takes the price risk during this time, both for changes in component prices and for RMB/USD exchange rate risk. b. [read post]
20 Apr 2021, 6:01 am
Their fundraising targets exceed RMB 11.6 trillion, of which approximately RMB 4.3 trillion is already in place. [read post]
12 Apr 2021, 8:20 am
The limits for players between 16 and 18 years old are RMB 100 on single transactions and RMB 400 each month. 4. [read post]
23 Mar 2021, 8:56 am
This means the purchase must be denominated in RMB and the purchase must be made from a Chinese company. [read post]
16 Mar 2021, 11:46 am
(“LBHI”) was done suing lenders as a result of its settlements with RMBS trustees years ago, think again. [read post]
16 Mar 2021, 7:55 am
The amendment also raised the ceiling of statutory damages from RMB 500,000 to RMB 5 million. [read post]
26 Feb 2021, 2:31 am
These panels include the Big 4 plus Investec, RMB, SA Home Loans, Business Partners and several more.We also have Commercial Law and Civil Litigation Departments that provide the complete service that Shepperson Attorneys always aspired to. [read post]
18 Feb 2021, 9:37 pm
After that first meeting with the SEC, Doe and his attorney followed up with DOJ attorneys identified by the SEC as being involved in the federal government’s Financial Fraud Enforcement Task Force RMBS Working Group. [read post]
6 Jan 2021, 12:44 am
However the penalty clause is toned down to be an open end “in accordance with civil procedure laws” rather than the RMB 1 million daily fine imposed in the Xiaomi case. [read post]
4 Jan 2021, 3:58 am
Look for payments in foreign currencies (non-yuan/RMB) to or from Chinese companies or Chinese nationals. [read post]
27 Dec 2020, 10:23 am
RMB and HKD notes coexisted in my wallet and dual SIM cards were an important feature on cell phones. [read post]
