Pillsbury Retired Courses

Introduction to Internet Regulation in China


When doing business in China, there are many issues that one needs to be concerned with including the rising concerns about companies that come to the U.S. markets by using a variable interest entity [VIE] structure. The future of the VIE structure and new challenges for investing in China's value-added telecommunications industry are a high concern. This course gives a thorough overview of the VIE structure, Chinese regulations on the Internet, as well as providing tips and strategies to follow when doing business in China.


I. China and Internet Regulation
   A. What's It All About
   B. How Does China Regulate the Internet?
   C. Value-Added Telecommunications
   D. ICP Licenses
   E. Variable Interest Entities
   F. Trouble in Paradise
   G. The Importance of Following the Rules

Content Provided

With influence and presence on both U.S. coasts and abroad, Pillsbury Winthrop Shaw Pittman LLP enjoys an expansive international platform. The firm has 14 offices in global centers for capital markets, energy and technology and provides its clients with the strength of this reach and a commitment to cross-border service and responsiveness. Pillsbury is a leader in its core areas of focus: capital markets and finance, energy, global sourcing, litigation, real estate, technology, life sciences, and communications.

Speaker / Author:

Photo of Thomas M. Shoesmith

Thomas M. Shoesmith
Pillsbury Winthrop Shaw Pittman LLP 

Thomas M. Shoesmith specializes in international corporate transactions, with a special emphasis on China. He has handled more than 100 cross-border acquisitions and complex multinational joint ventures involving more than 50 countries around the world. Since 2003, he has focused most of his efforts on transactions in and with China, including foreign direct investment into the PRC as well as corporate finance and public capital markets transactions for PRC-based companies.

Mr. Shoesmith lived in Asia for more than 20 years, and practiced in China between 2003 and 2010. Until his return to California in 2010 he was the head of the firm’s Shanghai office. His relocation to the United States makes his decades of experience in Asia readily accessible to clients based in the U.S. and Canada.

Mr. Shoesmith is a recognized expert and speaker on US-China corporate finance and M&A matters. He has particular expertise in structuring transactions to achieve his clients’ objectives while remaining compliant with the often difficult regulatory and political context of the PRC.

Mr. Shoesmith is admitted to the California Bar. He received his J.D., cum laude, from Harvard Law School in 1979 and his A.B., magna cum laude, Phi Beta Kappa, from Princeton University in 1976. 

Price (USD)

Standard Rate: $50.00
Subscribers: FREE
Pillsbury U Online: FREE
Metro State Univ: $50.00


Course Code : 775711

Length : 32min
Recorded Date : 1/24/2013

Format Type : eLearning

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