China's pandemic-hit economy contracts for first time in decades in Q1; Renault exits China joint-venture amid weak sales and worsening outlook; new national blockchain committee launched with several tech giants involved
SAFE relaxes forex control to facilitate cross-border business, Guangdong issues guidelines on IP protection for online games and interbank interest rate options trading is launched.
U.S. agencies recommend stripping China Telecom of operating license over national security concerns; China knocks U.S. off top spot in global patent filing league table; and Chinese customs to increase checks on medical equipment exports amid complaints about low quality
CSRC defines strategic investors in private offering of shares, quoting of defaulted bond trading is subject to regulation and CBIRC clarifies the scope of medical insurance products with revisable premium rates.
JPMorgan set for full control of asset management business with minority partner buyout; Luckin Coffee reveals financial fraud amid growing concern over Chinese listings; and the U.S. set to ramp up tech export restrictions for China, report says.
Conditions are made clear for commercialization of collective land, China takes steps to promote international oil and gas trade, shareholder equity requirements for non-bank financial institutions are tightened.
Goldman Sachs, Morgan Stanley pass final hurdle to take majority control over local JVs; CBIRC releases insurance asset management product rules as part of new regulatory regime; and MOFCOM publishes draft rules mapping out foreign investment complaints procedure
Insurance asset management products are offered to private investors, domestic law firms are encouraged to expand overseas and extension is offered to R&D tax refund filings.
China steps up measures to contain imported COVID-19 cases; HKEX launches master SPSA service for fund managers; and SAFE eases foreign borrowing regulations for high-tech startups.
The encouraged foreign investment catalogue is seeking public comments on adding more investment items, State Council delegates the land conversion approval authority to local governments, and Shanghai and Shenzhen Stock Exchanges include the trading of depository receipts.