Commercial banks engaging in insurance agency business receive new rules, housing loans face new rate standards and norms are provided for cyber ecosystem.
September 19, 2019
China Law News
China scraps QFII quotas on foreign investment in capital markets; China and U.S. exchange goodwill gestures ahead of trade talks; CBIRC tightens regulation surrounding affiliate transactions in insurance sector; and surge in pork prices spark government scramble to increase production with subsidies
September 16, 2019The State Administration for Market Regulation prohibits bad faith trademark registrations while the China National Intellectual Property Administration would conduct an overall review of a portfolio of patent applications. On the other hand, affiliated transactions of insurance companies face stricter scrutiny.
September 12, 2019China grants full debt underwriting licenses to two foreign banks; U.S. imposes anti-dumping duties on Chinese structural steel imports; and China issues first white paper on nuclear safety as talks wind down with France on fuel reprocessing project
September 09, 2019Collective land may directly enter the market for commercial land use purposes, registration procedures for foreign-invested for-profit non-curricular language training institutions are clarified and parallel import of automobiles is further relaxed.
September 05, 2019China announces six new FTZs targeting poorer regions and Belt and Road cooperation; central bank unveils three-year fintech development plan to accelerate innovation while curbing risks; new report warns foreign companies about corporate social credit's potential impact; and SAFE relaxes foreign currency conversion requirements across Shenzhen
September 02, 2019The State Council has announced six new free trade zones and the penalty for import of a small amount of unauthorized pharmaceuticals may be exempted.
August 29, 2019China-U.S. trade war further escalates with latest retaliatory tariff hikes from both sides; Chinese outbound M&A continues downward spiral amid trade war and heightened regulatory scrutiny; Goldman Sachs set to take majority control of Chinese securities JV; and Beijing to trial foreign investment in VPN services by the end of the year
August 26, 2019Shanghai has lowered its capital requirements for regional headquarters, CSRC introduces a side pocket mechanism to prevent unfair fund redemption and Shenzhen FTZ allows foreign investors to invest in domestic equity.
August 22, 2019The U.S. trade office announces a delay for some China tariffs until December; China's banking system sees non-performing loans increase and capital adequacy ratio decrease in Q2; Shanghai targets regional headquarters with new measures to attract multinational companies; and Shenzhen to see wide-ranging reforms in bid to become a national model for high-quality development and innovation
August 19, 2019
