Podcast #19: The Future of Foreign Investment in Shenzhen's Financial Sectors - Eric Liu, Zhao Sheng
Shenzhen is spearheading reforms in capital account liberalization and promoting RMB internationalization
Shenzhen is spearheading reforms in capital account liberalization and promoting RMB internationalization
New comprehensive reform plan for Shenzhen targeting fintech and financial sectors; new development plan for new energy vehicles promotes fast-charging stations and public service integration; and new State Council opinions proposes measures to improve quality of listed companies
State Council eases investment procedures for telecommunications services, oil products and QFIIs
FTSE Russell to become third major index provider to include China bonds; Luckin Coffee slapped with massive fine by SAMR; and Segway maker Ninebot to become first VIE entity to list in mainland
With a new Chinese blacklist on one side and tightening U.S. export controls on the other, U.S. companies in China are between a rock and a hard place
President Trump approves TikTok-Oracle deal to give popular Chinese app crucial lifeline; MOFCOM publishes implementation rules for Unreliable Entity List targeting foreign firms; and State Council announces three new FTZs in Beijing, Anhui and Hunan
TikTok drops U.S. sale, to partner with Oracle instead; China, EU investment treaty talks enter critical phase; and Goldman Sachs to take full control of securities JV
Foreign investors may further complain to higher-level authorities
U.S. business group survey indicates companies are not leaving China market; digital currency pilot set for expansion to major Chinese cities; and foreign nationals from 36 European countries allowed entry into country
The national Negative List is downsized from 40 to 33 items.