The Supreme People's Court has issued the 3rd set of guiding opinions clarifying the trial of COVID-19 related force majeure cases. It has also published two law drafts on the burden of proof and amount of losses of trade secrets in IP cases.
Legal
- June 19, 2020
Forex control relaxed to facilitate cross-border business
June 19, 2020The central pricing catalogue is downsized again
June 19, 2020ChiNext finalizes reforms liberalizing listing process while tightening disclosure requirements; Hong Kong sees major secondary listings in quick succession with Nasdaq-listed NetEase and JD.com; and American Express becomes first foreign player approved to offer card-clearing services in China
June 15, 2020Certified commercial crypto products are subject to follow-up monitoring
June 12, 2020Quoting of defaulted bond trading is subject to regulation
June 12, 2020The Supreme People's Court has issued three law drafts clarifying the commercial value of trade secrets and liability of online service providers and e-commerce platform operators in IP infringement cases. Stricter regulation is imposed on lease financing companies in a bid to control risks.
June 11, 2020The U.S. is tightening export controls for a city that acts as a gateway for Chinese firms to access U.S. tech
June 11, 2020New Third Board companies are allowed to transfer and list on other boards
June 11, 2020CBIRC relaxes insurance capital investment in bank capital replenishment bonds
June 11, 2020

