Search for: "In Interest of RMB"
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15 Apr 2022, 10:24 am
To stabilize the RMB exchange rate, the Chinese government has been strengthening its foreign exchange control. [read post]
5 Apr 2022, 5:01 am
India-Russia trade, for example, could be an interesting testing ground to watch for CIPS usage, although CIPS’s integration with the rest of the world and other emerging economies is still admittedly nascent. [read post]
7 Mar 2022, 10:44 am
The cash must be sent from China and this payment must be converted from RMB to dollars. [read post]
24 Feb 2022, 7:02 am
The first instance court ruled that the distributor had infringed the Klüber’s trade mark and awarded monetary damages of approximately RMB 2 million. [read post]
17 Feb 2022, 6:20 am
Yet the choice to invoke the collective threat is interesting and raises more fundamental issues. [read post]
10 Feb 2022, 10:01 am
There are also molds involved that are worth well over a million RMB in total. [read post]
1 Nov 2021, 4:44 am
RMB 50,000,000 is approximately $7.8 Million US Dollars] or 5% of its annual turnover of the preceding year. [read post]
28 Oct 2021, 5:01 am
Violations of these laws carry penalties of between 10 million RMB ($1.5 million) and 50 million RMB ($7.7 million), or up to 5 percent of annual revenue. [read post]
1 Oct 2021, 9:52 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]
19 Sep 2021, 9:42 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]
15 Sep 2021, 1:12 am
In the meantime, it will be interesting to see how the market responds to this significant development in the GBA in the coming months. [read post]
29 Aug 2021, 10:24 am
Meanwhile, the PIPL also has specific provisions on national cybersecurity and public interest. [read post]
25 Aug 2021, 4:25 pm
The fine can be up to 50 million RMB or 5% of an organization [read post]
24 Aug 2021, 2:47 am
Penalties Violations of the PIPL may lead to an administrative fine of up to RMB 50 million or 5% of the processor’s turnover in the last year (it is unclear if this is local or global). [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]
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
As a result, the application launched by the respondent to the High Court of the Hong Kong SAR for the anti-suit injunction to restrain the Mainland Chinese proceedings had infringed the legitimate rights and interests of the claimant. [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]
