SAMR defines the commercial value of trade secrets, SAT clarifies calculation of resource tax on third party purchases, and medium and small shareholders may participate in corporate governance more easily.
China issues draft rules easing foreign access to onshore bond markets; Citigroup becomes first U.S. bank to receive fund custody license; and Yum China bags $2.2 billion in Hong Kong secondary offering
Export of some technologies may now require approval from local authorities. Independent fund sales institutions are not allowed to sell PE/VC funds on an agency basis. Foreign investors may complain to higher-level authorities if not satisfied with a complaint handling.
An intellectual property transfer may lead to a filing for a concentration of business operators. The acceptance of an undertaking of a business operator does not affect the determination of a monopolistic act. Permit requirements for unmanned civil aircraft are specified.
Trump administration tightens choke-hold on Huawei's global access to chips; China to trial direct access for foreign investors to interbank bond market; and index provider MSCI launches climate change indexes for China stocks