In the News: Meituan Fine; Shorter Negative List; and Foreign Investment Record

October 12, 2021 | BY

Vincent Chow &Hugo Yeung

Meituan fined for abusing dominant position; Draft market access negative list released; and SAFE data shows record high foreign investment into China

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Meituan fined for abusing dominant position

On October 8, Chinese food-delivery giant Meituan was fined RMB 3.44 billion ($534 million) by the State Administration for Market Regulation (SAMR),