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.
