In the News: Coronavirus Import Measures; Stock Connect Enhancement; and Cross-Border Financing
March 23, 2020 | BY
Vincent ChowChina steps up measures to contain imported COVID-19 cases; HKEX launches master SPSA service for fund managers; and SAFE eases foreign borrowing regulations for high-tech startups.
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China ramps up quarantine measures for incoming travelers
China is ramping up its COVID-19 control measures for travelers entering the country with the vast majority of new cases in the country now imported from overseas. Major cities including Beijing, Shanghai and Guangzhou have issued their own quarantine requirements for incoming travelers in recent days. According to data compiled by Johns Hopkins University, the number of deaths from COVID-19 globally doubled in a week to surpass 10,000 on Mar. 20, with two-thirds of all cases now outside mainland China.
In Beijing, some inbound flights are being redirected to nearby cities where passengers will then enter the capital city by bus, China'saviation authority