NDRC, MOFCOM launch new national security review for foreign investments; Trump administration adds SMIC and dozens other Chinese entities to Entity List; MSCI drops seven Chinese companies from indices following Trump Executive Order
Legal
- December 21, 2020
Shanghai publishes the first local guidelines on competition compliance. Shanghai and Shenzhen Stock Exchanges tighten delisting rules.
December 18, 2020SPC clarifies producer and dealer's liability for food safety compensation
December 18, 2020An administrative reconsideration may be filed for improper government disclosure of information of citizens or entities
December 18, 2020The scope of China's cross-border personal information transfer regulatory regime is edging closer to being finalized, but businesses are in no rush to overhaul their data transfer practices
December 18, 2020Goldman Sachs set for full ownership of Chinese securities JV; U.S. Treasury fails to identify any financial institutions for secondary sanctions under Hong Kong Autonomy Act; FCC launches official review of China Telecom's operations in the U.S.
December 14, 2020SPC clarifies producer and dealer's liability for food safety compensation, pre-tax deduction on advertising expenses continues for pharmaceuticals and leverage ratio is used as a criterion for evaluating systematically important banks
December 11, 2020The draft Personal Information Protection Law introduces two new data transfer mechanisms that do not seem to directly require government approval
December 11, 2020Insurance companies bear legal liability for authorized acts of their agents
December 11, 2020Foreign financial institutions are allowed to invest in trust companies
December 11, 2020

