China Law News

The MIIT has proposed that cloud services must connect to foreign networks through approved gateways, the CBRC has clarified that P2P platforms' record filing does not constitute credibility and Shanghai and Tianjin have imposed property curbs

Reports of regulatory restrictions on overseas deals surfaced, Walt Disney terminated its relationship with a local toymaker after discovering labor violations and CHX emphasized that its takeover by Casin has no Chinese government involvement

The NDRC's draft market access list for the internet industry needs clarity on implementation, conflicting regulations

The Shanghai FTZ has eased FX conversions for personal accounts, lower entry requirements for the interbank bond market have been set for non-financial institutions and the SPC has equally recognized both domestic and foreign independent guarantees

A U.S. trade agency's report to Congress calls for a CFIUS requirement to ban all investments and acquisitions by Chinese state-owned enterprises

The U.S. Justice Department charges JPMorgan Chase of FCPA violations, targeting the bank's "Sons and Daughters" hiring program in China

The State Council has promoted replicating FTZ reforms on a national scale, filmmaking approval requirements have been relaxed and the MOF and SAT have allowed banks to deduct deposit insurance premiums before tax

Swedish packaging firm Tetra Pak was charged of market dominance abuse in China by bundle selling and offering loyalty discounts to suppliers

Chinese President Xi and U.S. president-elect Trump spoke of strengthening ties, PRC steelmakers were leveled EU tariffs, major cities said only local residents can drive for car-hailing apps and the Shenzhen-Hong Kong Stock Connect was discussed