Alan Xu and Youran Wu of Zhong Lun Law Firm discuss the various methods that foreign-invested enterprises in China can adopt to remit funds to cash-strapped shareholders or affiliates overseas during the coronavirus pandemic
May 21, 2020
Banking and Finance Laws
HSBC becomes sole controller of Chinese life insurance venture; first U.S. IPO from China after Luckin scandal raises $510 million; and the CBIRC proposes new rules to regulate online lending.
May 11, 2020Shareholding requirements for non-bank financial institutions are tightened
April 17, 2020Bo Yan and Taoye Ye of Haiwen & Partners discuss CBIRC's amended rules governing the regulatory approvals of non-bank financial institutions, which lower the bar for foreign investment in national asset management companies
April 16, 2020JPMorgan set for full control of asset management business with minority partner buyout; Luckin Coffee reveals financial fraud amid growing concern over Chinese listings; and the U.S. set to ramp up tech export restrictions for China, report says.
April 06, 2020Foreign banks are given more specific business expansion requirements
April 03, 2020Goldman Sachs, Morgan Stanley pass final hurdle to take majority control over local JVs; CBIRC releases insurance asset management product rules as part of new regulatory regime; and MOFCOM publishes draft rules mapping out foreign investment complaints procedure
March 30, 2020People's Bank of China issues first specifications on distributed ledger technology
March 26, 2020State Council has lowered the investment capital percentage requirements
March 26, 2020China 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.
March 23, 2020
