CAC issues draft measures specifying conditions where security assessment is required for overseas transfer of data. Anti-Monopoly Law draft includes provisions on data protection while Civil Procedure Law draft establishes legal validity for online civil litigation.
HKEX launches its first A-share futures contract for global investors; Goldman Sachs approved to take full control of securities business; and Wealth Connect kicks off with 19 eligible banks
CNIPA differentiates patent and advertising violations, and specifies the criteria for determining willful infringement of intellectual property. Beijing Municipality opens up its VPN business to foreign investors.
LinkedIn announces "sunset" of its Chinese platform; Weak Q3 GDP signals a challenging road to economic recovery; Additional capital and leverage ratio requirements for 19 Domestic Systematically Important Banks
China proposes landmark Arbitration Law reform, modernizing rules on enforcement of arbitral awards and asset preservation. Hong Kong likely to continue dominating the market for arbitration.
MIIT draft law defines core data for the first time. Sponsors are responsible for guiding listed companies in enhancing corporate governance. Beijing Municipality opens up IP-related arbitration to foreign institutions.
Meituan fined for abusing dominant position; Draft market access negative list released; and SAFE data shows record high foreign investment into China
CBIRC relaxes procedures for insurance companies' funds investment. ChiNext and Star Market rules amended to prevent suppression of IPO prices by combined efforts.
PBOC reaffirms nationwide ban on cryptocurrencies and related transactions; President Xi announces pause on coal-fired projects abroad; and PCAOB adopts final rule to implement US delisting regime
CBIRC imposes regulatory ratings on banks to control risks. SAFE sets a ceiling on offshore bank loans. Wealth management products are subject liquidity risk control.
