The period for reduction of social insurance payments of enterprises is extended, regulation on the controlling interests of securities companies is tightened and draft of the Criminal Law amendments targets financial crimes.
June 26, 2020
China Law News
Xinhua reveals details of planned Hong Kong national security law; JPMorgan becomes first fully-owned futures business following CSRC approval; and U.S. companies allowed to work with Huawei on next-generation technology standards
June 22, 2020The Supreme People's Court has issued the 3rd set of guiding opinions clarifying the trial of COVID-19 related force majeure cases. It has also published two law drafts on the burden of proof and amount of losses of trade secrets in IP cases.
June 19, 2020ChiNext finalizes reforms liberalizing listing process while tightening disclosure requirements; Hong Kong sees major secondary listings in quick succession with Nasdaq-listed NetEase and JD.com; and American Express becomes first foreign player approved to offer card-clearing services in China
June 15, 2020The Supreme People's Court has issued three law drafts clarifying the commercial value of trade secrets and liability of online service providers and e-commerce platform operators in IP infringement cases. Stricter regulation is imposed on lease financing companies in a bid to control risks.
June 11, 2020Major plan for Hainan to become globally-recognized free trade port released; Swiss bank Credit Suisse takes majority control of securities JV; and U.S.-China animosity extends to aviation industry with bans and walk backs
June 08, 2020Business financing is supported by allowing New Third Board companies to transfer and list on other boards, as well as allowing securities companies to publicly offer subordinated debt. Commercial cryptography products require certification.
June 05, 2020U.S. to strip Hong Kong of special trade privileges; China adopts its first-ever civil code; and more entry exemptions on the horizon for select countries
June 01, 2020China's first Civil Code protects personal information, CBIRC relaxes insurance capital investment in bank capital replenishment bonds and the central pricing catalogue is downsized again.
May 29, 2020
