Reducing the risks posed by China’s $4 trillion wealth management products sector is a key objective for regulators, but it needs to be at a pace that exposed banks can weather.
New court interpretations and a series of court cases with stiff sentences reflect Chinese authorities’ determination to bring insider trading to heel.
The pause agreed in the U.S.-China trade war at the recent G20 meeting, reflects in part the potency of the U.S. Entity List in targeting Chinese firms such as Huawei.
At the Global CEO Council meeting in Beijing, Premier Li Keqiang and global business leaders renewed their vows to work together to build China’s economy, despite gathering clouds in the U.S.-China trade war.
The National Negative List relaxes foreign investment in mining, telecommunications, utilities, cinemas and water transport
The FTZ Negative List further opens the printing sector
Repayment sequence is clarified for bankruptcy cases
More tax incentives are offered to IC and software enterprises