China prohibits issuing of stablecoins linked to the renminbi overseas without explicit regulatory approval. CSRC tightens regulation of asset-backed securities tokenization. Ministry of Finance defines abnormally low bids in government procurement.
Florida’s Attorney General launches “CHINA Prevention Unit” to protect Floridians’ data | London proposes accepting Chinese auditing standards to attract Shanghai Stock Connect issuers | PE firms struggle to exit their Chinese PE investments amid lower valuations
MIIT allows for buyer registration of technology contracts with a parties’ consensus and defines overseas transfer of automotive data. SAMR prohibits below-cost pricing of automobiles.
The latest landmark AI unfair competition cases involve trade secrets | Eight departments ban unapproved offshore issuance of renminbi-pegged stablecoins to protect monetary sovereignty | The overtaking by Chongqing of Liaoning in GDP terms reflects a greater North-South economic divide.
The pledge by an AI platform to compensate for misinformation was held unenforceable by a Chinese court. | A survey finds that most EU firms are reviewing their supply chains in China. | China is demanding innovation while enforcing strict content and data compliance rules.
CAC prohibits AI and algorithmic data that could harm the physical or mental health of minors. Guidelines for classification of financial data are set forth. Pharmaceuticals produced abroad are required to abide by Chinese regulations for marketing.
China intensifies efforts to encourage reporting of overseas income | CSRC considers RMB 30 billion market cap floor for H-share listings | Sony to spin off TV business as a joint venture with China’s TCL.
State Council issues regulations to clarity the principles for accommodating multiple VAT rates in one transaction. Commercial mediation does not apply to labor and personnel matters, as well as consumer rights and interests. SPC addresses mining infringement issues
Beijing court established legal framework for trial of fake AI precedent submission in the judgment | China may require asset sales to approve proposed Rio Tinto-Glencore merger | Defu Technology abandons $200 million acquisition after Luxembourg's compulsory investment review imposed minority stake restrictions
CAC requires entity responsibilities for personal data collection by apps. In a dispute case involving infringement of a utility model or design patent, the people’s court may require the plaintiff to submit a patent assessment report. An online trading platform operator may not use its platform rules to compel platform merchants to bear after-sales responsibilities.
