The State Council has lifted investment restrictions on foreign banks and insurance companies while the People's Bank of China has tightened control on banks' wealth management business.
Concessions from both sides in limited China-U.S. phase one trade deal; Chinese tech firms and security bureaus blacklisted over human rights accusations; and caps on foreign fund managers in China to be removed in April
Private investment is encouraged in online education, responsibilities are well defined for different parties in construction surveying and a new type of R&D institution is allowed.
PayPal acquires controlling stake in Chinese payments company; Trade war, IP theft biggest worries for companies in China, survey finds; and Hong Kong-mainland arbitration interim measures arrangement takes effect
Alibaba unveils first in-house chip for AI applications following Huawei's lead; FTSE Russell leaves out Chinese government bonds from major index; and Shanghai releases interim measures to trial public data system
New amendments are proposed to specify the steps in understanding an invention, regulatory criteria for net capital are laid out for wealth management subsidiaries of banks and a campaign is launched against Apps in collecting personal data.
China's economy continues to slow as August data paint worrying picture; Chinese dairy giant Mengniu proposes to buy Australian infant formula maker; and the NDRC outlines plans to incorporate more business input in policy-making
Set to be fully implemented in 2020, China's corporate social credit system will monitor all aspects of a company's operations and seek to shape their behavior through blacklistings and joint punishments. Lawyers and experts alike suggest foreign companies take advantage of the system when conducting due diligence and localize their compliance programs.
Commercial banks engaging in insurance agency business receive new rules, housing loans face new rate standards and norms are provided for cyber ecosystem.
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
