The People's Bank of China and State Administration of Foreign Exchange have issued draft rules that will allow foreign investors to switch bond investments between China's foreign investment channels.
May 22, 2019
Banking and Finance Laws
Shanghai FTZ allows an increase in plot ratio of land
May 22, 2019Central banks is expected to increase easing measures in the financial sector; Industry regulator calls for P2P lenders to register and consolidate; and trade war with the U.S. may cause delay of China's planned property tax legislation.
May 20, 2019Against the backdrop of ongoing US trade negotiations, the CBIRC says it will introduce 12 new measures that could significantly open up its banking and insurance sectors to foreign investment.
May 15, 2019China eliminates cryptocurrency mining while encourages blockchain information services
April 25, 2019China's State Council plans to improve competition by establishing a fair play review system; food safety violations will incur much stiffer penalties, and the People's Bank of China's governor says domestic and foreign financial firms will soon play by the same rule book.
April 01, 2019Anti-money laundering and anti-terrorist financing is targeted at funding of new financial institutions
March 13, 2019The People's Bank of China will roll out an ambitious plan for fintech following enthusiasm during the Two Sessions.
March 13, 2019Authorities have shut down batches of P2P platforms as defaults mount. A full regulatory review is expected to complete by end of March.
March 07, 2019China's State Council will soon be regulating gene editing and biotechnologies; in a major sting on illegal P2P lenders, Chinese authorities netted Rmb10 billion in assets and arrested 62 people from 16 countries; and Chinese regulators increase the pressure on banks to boost lending to SMEs.
March 04, 2019
