In the news: The PBOC and SAFE tighten transaction reporting, the NDRC fines GM $29 million, the CAC publishes a cybersecurity strategy and Qualcomm and Meizu settle a global patent dispute

Jan 5, 2017
Cross-border cash transfer reporting thresholds were lowered, GM was penalized for antitrust violations, the CAC expanded the scope of CII and Meizu agreed to pay Qualcomm licensing fees

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PBOC steps up cross-border transaction reporting standards

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