Legal

Daisy Duan and Linlin Cao of King & Wood Mallesons review and highlight the new individual income tax rules and major tax rules issued in 2019, which may impact on foreign companies doing business in China

A breakthrough in the trade war, but how long will it last?

China, U.S. sign phase one trade deal in trade war breakthrough, but tariffs and issues remain; Reuters reports imminent first rules for online-only banks in China, foreign participation welcomed; and U.S. venture investment in China sinks to six-year low amid trade war and slowing Chinese economy

More channels are introduced for foreign exchange hedging, more details are given for protection of data privacy on apps and private equity investment should not be a means of lending.

Online audio and video information service providers are required to establish a rumor refutation mechanism

Implementing Rules bring about new corporate structures

China is internationalizing its arbitration system as it embarks on high-value, global investment projects

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

Fang Qi of Fangda Partners examines some of the significant changes pertaining to intellectual property legislation and practices in 2019, and their impact on the development of intellectual property laws