Fang Qi of Fangda Partners examines how companies can deal with their contractual obligations during the coronavirus outbreak that has undoubtedly wreaked havoc on business operations and affected contractual relationships for many entities.
Entry conditions for foreign insurance companies are relaxed
A new foreign investment reporting system is established
Implementing Rules bring about new corporate structures
U.S. tightens supervision over AI software exports with China in mind; JPMorgan Chase applies for majority stake in Chinese futures business; and China opens up oil and gas industry to foreign players
Entry conditions for foreign insurance companies are relaxed
Supreme People's Court allows flexibility in foreign investment contract disputes
China, U.S. agree terms of limited phase one trade deal; draft implementing regulations for foreign investment law approved; and draft law published on promoting China's cultural industry
China will set up a punitive damages system for intellectual property infringements
Non-investment type FIEs are allowed to use their investment capital in equity investment
