Most high-tech MNCs expect greater difficulties in China even with more market access; Chinese investment in Australia plummets in 2020 amid pandemic and regulatory scrutiny; and China approves Schroders majority-owned wealth management JV
Commercial banks are not allowed to engage in cross-region online lending. CBIRC strengthens regulation of reputational risk, as well as anti-money laundering and anti-terrorist work of commercial banks.
CBIRC finalizes online lending rules requiring strict loan finance ratios; U.S. Chamber of Commerce warns of dire economic impact of decoupling; and China replaces U.S. as EU's biggest trading partner in goods
Data possession constitutes a crucial factor in determining platform monopoly, Shenzhen allows PE firms to invest in the A-share market and CSRC imposes requirements for adding new shareholders prior to an IPO application.
Chinese antitrust bodies finalize strict guidelines for platform operators; PBOC digital currency body links up with SWIFT to launch JV; and German chamber survey reports optimism despite pandemic woes
CBIRC issued two law drafts governing independent directors, directors and supervisors of banks and insurance companies. SPC offers online case opening services for cross-border litigation.
Biden delays implementation of part of Trump's military investment ban; U.S.-China financial investment flows far greater than official figures according to new report; and China launches national carbon emissions trading market
CSRC issued guidelines on index funds aiming to protect investors, CBIRC diversified assessment of insurance companies' solvency and Shanghai tightened up housing purchase restrictions.
Access insights and analysis on key topics such as US Tech Restrictions, PE/VC, Capital Market, Tax, Data Privacy, Arbitration, and more!
European Commission publishes full text of China-EU investment deal; PBOC publishes draft rules targeting anti-competitive practices of payment platforms; NPCSC adopts decision launching Beijing Financial Court
