U.S. targets Huawei's access to chips globally with new export rule; China readies retaliatory measures against U.S. businesses; exemptions to China entry ban granted for some foreign business executives
Online loans should be offered in a small scale, CBIRC supports foreign bank branches in applying for fund custody qualifications and trust companies are required to penetratingly identify the underlying assets.
HSBC becomes sole controller of Chinese life insurance venture; first U.S. IPO from China after Luckin scandal raises $510 million; and the CBIRC proposes new rules to regulate online lending.
Product or service providers of critical information infrastructure operators are required to cooperate in cybersecurity reviews, CSRC launches publicly offered REITs and SPC specifies the use of language terms for patent claims filing.
U.S. Commerce Department removes civilian end-use exception for tech exports to China; ChiNext to trial registration-based IPO system following STAR board success; new civil litigation evidence rules take effect amid coronavirus disruption to contracts
China's anti-monopoly regulator accepts VIE merger filing for the first time; Supreme Court outlines plans to strengthen IP rights protection; and rules changed to remove hurdles for medical equipment exporters
The people's court may handle monopolistic agreement disputes despite provision of an arbitration clause, mutual funds are allowed to invest in China's new third board and important infrastructure and utilities projects require mandatory invitation of bids.
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