U.S. tightens supervision over AI software exports with China in mind; JPMorgan Chase applies for majority stake in Chinese futures business; and China opens up oil and gas industry to foreign players
A new foreign investment reporting system is established, draft Anti-Monopoly Law expands definitions on monopolistic agreements and market dominance, and factors are listed for reviews on export of controlled items.
Chinese outbound M&A hits decade low; draft amendments to anti-monopoly law released; and Shanghai-London stock connect suspended over political tensions
Amended Securities Law introduces a registration-based and market-oriented IPO system, Lingang is to allow the use of English in litigation by foreign parties and Supreme People's Court specifies the presentation of electronic evidence.
Supreme People's Court allows flexibility in foreign investment contract disputes, foreign banks are given more specific expanded business requirements and import of technical equipment enjoys tax breaks.
CNIPA clarifies trademark infringements, spin-offs of listed companies have clear guidance and a new law draft puts forward competition in granting of mining rights.
China, U.S. agree terms of limited phase one trade deal; draft implementing regulations for foreign investment law approved; and draft law published on promoting China's cultural industry
State Council has lowered the investment capital percentage requirements, the QFII system is streamlined and the entry conditions for foreign insurance companies are relaxed.
New consumption tax draft law puts State Council center stage; major mobile apps caught for illegal data collection practices; and NPC launches online platform for submitting constitutional review requests
Law drafts are released on value-added and consumption taxes redefining eligible taxpayers while online audio and video information service providers are required to establish a rumor refutation mechanism.
