Law drafts are released on value-added and consumption taxes redefining eligible taxpayers while online audio and video information service providers are required to establish a rumor refutation mechanism.
Frank Jiang and Emily Xu of Zhong Lun Law Firm highlight the newly introduced regulations aimed at foreign-invested banks and insurers to encourage foreign investors to expand their presence in China and strengthen the competitiveness in the financial sector
Alibaba raises $13 billion in Hong Kong secondary listing; MSCI wants more hedging tools and easier settlement cycles before further stock inclusion; Trump signs Hong Kong democracy act in trade war setback
CAC specifies procedures for reporting of cybersecurity threats, CBIRC lowers the thresholds for foreign investment access to trust companies and a new regime of judicial enforcement of block trade disputes is established.
With over 20 years experience working in China's hospitality industry, Mao Yibing, chief legal counsel for APAC at Marriott International, has been instrumental in growing her company's presence from zero to almost 400 hotels in China. In this exclusive interview, she shares insights into how she navigates China's cybersecurity requirements, her worries about the "Unreliable Entity List", Marriott's JV with Alibaba, and China's domestic tourism boom.
China shortens and simplifies market entry negative list; Chinese private firms prefer China over U.S. for IPOs, survey finds; Shanghai-Frankfurt stock connect to be launched; and inbound FDI increases with FTZs enjoying significant growth
