In the news: China cracks down on foreign non-profits, SOEs face stricter lending and the HK-Shenzhen Stock connect launches in late 2015
March 10, 2015 | BY
clpstaff &clp articlesThis week foreign non-profit groups in China faced increased pressure, foreign banks tightened lending to state-owned enterprises and Hong Kong's trading linkup with Shenzhen was confirmed for later this year
China raises pressure on foreign non-profits
Two foreigners have been quietly forced to leave China as the country raises pressure on foreign non-profits. Current rules prohibit foreign civic groups to register as non-profits and legally employ