AMAC has clarified the record filing process for foreign PE fund managers, the State Council has pledged equal treatment for FIEs and asset managers have been imposed VAT burdens
Cross-border cash transfer reporting thresholds were lowered, GM was penalized for antitrust violations, the CAC expanded the scope of CII and Meizu agreed to pay Qualcomm licensing fees
The PRC Environmental Protection Tax Law has been issued, the CAC has elaborated on the definition of “critical information infrastructure” and the PBOC has revised the reporting threshold for large transactions
The State Council has issued rules to ensure proper record filing implementation, P2P platforms have been required to disclose more information and the Ministry of Culture has tightened scrutiny over online performances
MOFCOM has taken action through the WTO over anti-dumping duties, consumer and industrial output grew in November and Terry Branstad was named an “old friend” of China
The NDRC and MOFCOM have drafted the basis for the coming FDI negative list, the CSRC has tightened risk control on asset management and the CBRC has broadened scrutiny over off-balance sheet businesses
The State Council planned fixed rebates on value-added taxes to boost local government revenue, trading levels on the Shenzhen stock link's launch fell below expectations and the central bank stepped up inspections on Chinese companies' cross-border loans
The MIIT has proposed that cloud services must connect to foreign networks through approved gateways, the CBRC has clarified that P2P platforms' record filing does not constitute credibility and Shanghai and Tianjin have imposed property curbs
Reports of regulatory restrictions on overseas deals surfaced, Walt Disney terminated its relationship with a local toymaker after discovering labor violations and CHX emphasized that its takeover by Casin has no Chinese government involvement
